StatoilHydro "buy," target price reduced

19.08.08 - DnB NOR Markets

LONDON, August 19 (newratings.com) - In a research note published yesterday, analyst Gudmund Halle Isfeldt of DnB Nor Markets maintains his "buy" rating on StatoilHydro ASA (STL-NOK). The 12-month target price has been reduced from NOK240 to NOK230.