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   <title>Carlsberg (CARLB:DC) (CABGY) PT Lowered to DKK1,160 at Deutsche Bank</title>
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   <description>Deutsche Bank analyst Mitch Collett lowered the price target on Carlsberg (CARLB:DC) (OTC: CABGY) to DKK1,160.00  (from DKK1,220.00) while maintaining a Buy rating.</description>
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   <title>Carlsberg (CARLB:DC) (CABGY) PT Lowered to DKK1,160 at Deutsche Bank</title>
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   <description>Deutsche Bank analyst Mitch Collett lowered the price target on Carlsberg (CARLB:DC) (OTC: CABGY) to DKK1,160.00  (from DKK1,220.00) while maintaining a Buy rating.</description>
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   <title>Carlsberg (CARLB:DC) (CABGY) PT Lowered to DKK1,160 at Deutsche Bank</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Carlsberg+%28CARLB%3ADC%29+%28CABGY%29+PT+Lowered+to+DKK1%2C160+at+Deutsche+Bank/27066726.html</link>
   <description>Deutsche Bank analyst Mitch Collett lowered the price target on Carlsberg (CARLB:DC) (OTC: CABGY) to DKK1,160.00  (from DKK1,220.00) while maintaining a Buy rating.</description>
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   <title>Carlsberg (CARLB:DC) (CABGY) PT Lowered to DKK1,160 at Deutsche Bank</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Carlsberg+%28CARLB%3ADC%29+%28CABGY%29+PT+Lowered+to+DKK1%2C160+at+Deutsche+Bank/27066726.html</link>
   <description>Deutsche Bank analyst Mitch Collett lowered the price target on Carlsberg (CARLB:DC) (OTC: CABGY) to DKK1,160.00  (from DKK1,220.00) while maintaining a Buy rating.</description>
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   <title>Carlsberg (CARLB:DC) (CABGY) PT Lowered to DKK1,160 at Deutsche Bank</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Carlsberg+%28CARLB%3ADC%29+%28CABGY%29+PT+Lowered+to+DKK1%2C160+at+Deutsche+Bank/27066720.html</link>
   <description>Deutsche Bank analyst Mitch Collett lowered the price target on Carlsberg (CARLB:DC) (OTC: CABGY) to DKK1,160.00  (from DKK1,220.00) while maintaining a Buy rating.</description>
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   <pubDate>Wed, 16 Sep 2026 04:57:03 -0400</pubDate>
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   <title>Carlsberg (CARLB:DC) (CABGY) PT Lowered to DKK1,160 at Deutsche Bank</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Carlsberg+%28CARLB%3ADC%29+%28CABGY%29+PT+Lowered+to+DKK1%2C160+at+Deutsche+Bank/27066720.html</link>
   <description>Deutsche Bank analyst Mitch Collett lowered the price target on Carlsberg (CARLB:DC) (OTC: CABGY) to DKK1,160.00  (from DKK1,220.00) while maintaining a Buy rating.</description>
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   <pubDate>Wed, 16 Sep 2026 04:57:03 -0400</pubDate>
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   <title>Carlsberg (CARLB:DC) (CABGY) PT Lowered to DKK1,160 at Deutsche Bank</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Carlsberg+%28CARLB%3ADC%29+%28CABGY%29+PT+Lowered+to+DKK1%2C160+at+Deutsche+Bank/27066720.html</link>
   <description>Deutsche Bank analyst Mitch Collett lowered the price target on Carlsberg (CARLB:DC) (OTC: CABGY) to DKK1,160.00  (from DKK1,220.00) while maintaining a Buy rating.</description>
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   <title>Carlsberg (CARLB:DC) (CABGY) PT Lowered to DKK1,160 at Deutsche Bank</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Carlsberg+%28CARLB%3ADC%29+%28CABGY%29+PT+Lowered+to+DKK1%2C160+at+Deutsche+Bank/27066720.html</link>
   <description>Deutsche Bank analyst Mitch Collett lowered the price target on Carlsberg (CARLB:DC) (OTC: CABGY) to DKK1,160.00  (from DKK1,220.00) while maintaining a Buy rating.</description>
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   <pubDate>Wed, 16 Sep 2026 04:57:03 -0400</pubDate>
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   <title>Carlsberg A/S (CARLB:DC) (CABGY) PT Lowered to DKK980 at HSBC</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Carlsberg+AS+%28CARLB%3ADC%29+%28CABGY%29+PT+Lowered+to+DKK980+at+HSBC/27031215.html</link>
   <description>&lt;p&gt;HSBC analyst Sorabh Daga lowered the price target on Carlsberg A/S (CARLB:DC) (OTC: CABGY) to DKK980.00 (from DKK1,000.00) while maintaining a Hold rating.&lt;/p&gt;&lt;p&gt;The analyst comments: “Carlsberg is adding PepsiCo’s soft drinks portfolio by expanding geographies alongside gaining scale beyond beer and alcohol-free brews which cumulatively now account for 35% of group volumes as of 1H26 (61% in Western Europe). Wider portfolio is helping to drive volume growth and gain access in new points of sale, but retail execution is key to win particularly when the Coke system is incentivising its bottlers to aggressively invest in digital capabilities and route to</description>
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   <pubDate>Sun, 06 Sep 2026 10:42:28 -0400</pubDate>
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   <title>Carlsberg A/S (CARLB:DC) (CABGY) PT Lowered to DKK980 at HSBC</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Carlsberg+AS+%28CARLB%3ADC%29+%28CABGY%29+PT+Lowered+to+DKK980+at+HSBC/27031215.html</link>
   <description>&lt;p&gt;HSBC analyst Sorabh Daga lowered the price target on Carlsberg A/S (CARLB:DC) (OTC: CABGY) to DKK980.00 (from DKK1,000.00) while maintaining a Hold rating.&lt;/p&gt;&lt;p&gt;The analyst comments: “Carlsberg is adding PepsiCo’s soft drinks portfolio by expanding geographies alongside gaining scale beyond beer and alcohol-free brews which cumulatively now account for 35% of group volumes as of 1H26 (61% in Western Europe). Wider portfolio is helping to drive volume growth and gain access in new points of sale, but retail execution is key to win particularly when the Coke system is incentivising its bottlers to aggressively invest in digital capabilities and route to</description>
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   <pubDate>Sun, 06 Sep 2026 10:42:28 -0400</pubDate>
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   <title>Carlsberg A/S (CARLB:DC) (CABGY) PT Lowered to DKK980 at HSBC</title>
   <link>http://www.streetinsider.com/Analyst+Comments/Carlsberg+AS+%28CARLB%3ADC%29+%28CABGY%29+PT+Lowered+to+DKK980+at+HSBC/27031215.html</link>
   <description>&lt;p&gt;HSBC analyst Sorabh Daga lowered the price target on Carlsberg A/S (CARLB:DC) (OTC: CABGY) to DKK980.00 (from DKK1,000.00) while maintaining a Hold rating.&lt;/p&gt;&lt;p&gt;The analyst comments: “Carlsberg is adding PepsiCo’s soft drinks portfolio by expanding geographies alongside gaining scale beyond beer and alcohol-free brews which cumulatively now account for 35% of group volumes as of 1H26 (61% in Western Europe). Wider portfolio is helping to drive volume growth and gain access in new points of sale, but retail execution is key to win particularly when the Coke system is incentivising its bottlers to aggressively invest in digital capabilities and route to</description>
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   <pubDate>Sun, 06 Sep 2026 10:42:28 -0400</pubDate>
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   <title>Carlsberg A/S (CARLB:DC) (CABGY) PT Lowered to DKK980 at HSBC</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Carlsberg+AS+%28CARLB%3ADC%29+%28CABGY%29+PT+Lowered+to+DKK980+at+HSBC/27031215.html</link>
   <description>&lt;p&gt;HSBC analyst Sorabh Daga lowered the price target on Carlsberg A/S (CARLB:DC) (OTC: CABGY) to DKK980.00 (from DKK1,000.00) while maintaining a Hold rating.&lt;/p&gt;&lt;p&gt;The analyst comments: “Carlsberg is adding PepsiCo’s soft drinks portfolio by expanding geographies alongside gaining scale beyond beer and alcohol-free brews which cumulatively now account for 35% of group volumes as of 1H26 (61% in Western Europe). Wider portfolio is helping to drive volume growth and gain access in new points of sale, but retail execution is key to win particularly when the Coke system is incentivising its bottlers to aggressively invest in digital capabilities and route to</description>
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   <pubDate>Sun, 06 Sep 2026 10:42:28 -0400</pubDate>
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   <title>Carlsberg A/S (CARLB:DC) (CABGY) PT Lowered to DKK980 at HSBC</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Carlsberg+AS+%28CARLB%3ADC%29+%28CABGY%29+PT+Lowered+to+DKK980+at+HSBC/27031215.html</link>
   <description>&lt;p&gt;HSBC analyst Sorabh Daga lowered the price target on Carlsberg A/S (CARLB:DC) (OTC: CABGY) to DKK980.00 (from DKK1,000.00) while maintaining a Hold rating.&lt;/p&gt;&lt;p&gt;The analyst comments: “Carlsberg is adding PepsiCo’s soft drinks portfolio by expanding geographies alongside gaining scale beyond beer and alcohol-free brews which cumulatively now account for 35% of group volumes as of 1H26 (61% in Western Europe). Wider portfolio is helping to drive volume growth and gain access in new points of sale, but retail execution is key to win particularly when the Coke system is incentivising its bottlers to aggressively invest in digital capabilities and route to</description>
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   <title>Carlsberg A/S (CARLB:DC) (CABGY) PT Lowered to DKK980 at HSBC</title>
   <link>http://www.streetinsider.com/Analyst+Comments/Carlsberg+AS+%28CARLB%3ADC%29+%28CABGY%29+PT+Lowered+to+DKK980+at+HSBC/27031215.html</link>
   <description>&lt;p&gt;HSBC analyst Sorabh Daga lowered the price target on Carlsberg A/S (CARLB:DC) (OTC: CABGY) to DKK980.00 (from DKK1,000.00) while maintaining a Hold rating.&lt;/p&gt;&lt;p&gt;The analyst comments: “Carlsberg is adding PepsiCo’s soft drinks portfolio by expanding geographies alongside gaining scale beyond beer and alcohol-free brews which cumulatively now account for 35% of group volumes as of 1H26 (61% in Western Europe). Wider portfolio is helping to drive volume growth and gain access in new points of sale, but retail execution is key to win particularly when the Coke system is incentivising its bottlers to aggressively invest in digital capabilities and route to</description>
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   <title>Carlsberg (CARLB:DC) (CABGY) PT Raised to DKK1,065 at Morgan Stanley</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Carlsberg+%28CARLB%3ADC%29+%28CABGY%29+PT+Raised+to+DKK1%2C065+at+Morgan+Stanley/26983652.html</link>
   <description>Morgan Stanley analyst Sarah Simon raised the price target on Carlsberg (CARLB:DC) (OTC: CABGY) to DKK1,065.00  (from DKK1,030.00) while maintaining a Overweight rating.</description>
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   <pubDate>Thu, 27 Aug 2026 04:27:13 -0400</pubDate>
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   <title>Carlsberg (CARLB:DC) (CABGY) PT Raised to DKK1,065 at Morgan Stanley</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Carlsberg+%28CARLB%3ADC%29+%28CABGY%29+PT+Raised+to+DKK1%2C065+at+Morgan+Stanley/26983652.html</link>
   <description>Morgan Stanley analyst Sarah Simon raised the price target on Carlsberg (CARLB:DC) (OTC: CABGY) to DKK1,065.00  (from DKK1,030.00) while maintaining a Overweight rating.</description>
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   <title>Carlsberg (CARLB:DC) (CABGY) PT Raised to DKK1,065 at Morgan Stanley</title>
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   <description>Morgan Stanley analyst Sarah Simon raised the price target on Carlsberg (CARLB:DC) (OTC: CABGY) to DKK1,065.00  (from DKK1,030.00) while maintaining a Overweight rating.</description>
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   <title>Carlsberg (CARLB:DC) (CABGY) PT Raised to DKK1,065 at Morgan Stanley</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Carlsberg+%28CARLB%3ADC%29+%28CABGY%29+PT+Raised+to+DKK1%2C065+at+Morgan+Stanley/26983652.html</link>
   <description>Morgan Stanley analyst Sarah Simon raised the price target on Carlsberg (CARLB:DC) (OTC: CABGY) to DKK1,065.00  (from DKK1,030.00) while maintaining a Overweight rating.</description>
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   <title>Carlsberg (CARLB:DC) (CABGY) PT Lowered to DKK775 at Barclays</title>
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   <description>Barclays analyst Laurence Whyatt lowered the price target on Carlsberg (CARLB:DC) (OTC: CABGY) to DKK775.00  (from DKK779.00) while maintaining a Underweight rating.</description>
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   <title>Carlsberg (CARLB:DC) (CABGY) PT Lowered to DKK775 at Barclays</title>
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   <description>Barclays analyst Laurence Whyatt lowered the price target on Carlsberg (CARLB:DC) (OTC: CABGY) to DKK775.00  (from DKK779.00) while maintaining a Underweight rating.</description>
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   <description>Barclays analyst Laurence Whyatt lowered the price target on Carlsberg (CARLB:DC) (OTC: CABGY) to DKK775.00  (from DKK779.00) while maintaining a Underweight rating.</description>
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   <title>Carlsberg (CARLB:DC) (CABGY) PT Lowered to DKK775 at Barclays</title>
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   <description>Barclays analyst Laurence Whyatt lowered the price target on Carlsberg (CARLB:DC) (OTC: CABGY) to DKK775.00  (from DKK779.00) while maintaining a Underweight rating.</description>
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   <title>Carlsberg (CARLB:DC) (CABGY) PT Lowered to DKK779 at Barclays</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Carlsberg+%28CARLB%3ADC%29+%28CABGY%29+PT+Lowered+to+DKK779+at+Barclays/26829139.html</link>
   <description>Barclays analyst Laurence Whyatt lowered the price target on Carlsberg (CARLB:DC) (OTC: CABGY) to DKK779.00  (from DKK784.00) while maintaining a Underweight rating.</description>
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   <pubDate>Wed, 29 Jul 2026 05:08:58 -0400</pubDate>
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   <title>Carlsberg (CARLB:DC) (CABGY) PT Lowered to DKK779 at Barclays</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Carlsberg+%28CARLB%3ADC%29+%28CABGY%29+PT+Lowered+to+DKK779+at+Barclays/26829139.html</link>
   <description>Barclays analyst Laurence Whyatt lowered the price target on Carlsberg (CARLB:DC) (OTC: CABGY) to DKK779.00  (from DKK784.00) while maintaining a Underweight rating.</description>
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   <pubDate>Wed, 29 Jul 2026 05:08:58 -0400</pubDate>
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   <title>Carlsberg (CARLB:DC) (CABGY) PT Lowered to DKK779 at Barclays</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Carlsberg+%28CARLB%3ADC%29+%28CABGY%29+PT+Lowered+to+DKK779+at+Barclays/26829139.html</link>
   <description>Barclays analyst Laurence Whyatt lowered the price target on Carlsberg (CARLB:DC) (OTC: CABGY) to DKK779.00  (from DKK784.00) while maintaining a Underweight rating.</description>
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   <pubDate>Wed, 29 Jul 2026 05:08:58 -0400</pubDate>
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