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(HSBC) Capital Goods : HSBC 2015 Conf feedback

* HSBC hosted its annual Capital Goods Conference in London on 2 September
* Investors met Alfa Laval, Atlas Copco, FLSmidth, Gamesa, IMI, Nexans, Nordex, Osram and ThyssenKrupp
* We raise our target price on FLSmidth to DKK265 from DKK235 and upgrade to Hold from Reduce; Lower target
price for Gamesa to EUR16.3 (EUR18)

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Download capgoods_hsbc_09092015.pdf
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