SKF Upgraded to

SKF Upgraded to "Buy" Analysts at Dresdner Kleinwort upgrade SKF AB (SKFB.ETR) from "hold" to "buy." The target price is set to SEK150. In a research note published this morning, the analysts mention that the recent decline in SKF¡¯s share price implies that the company is likely to reduce its dividend. The concerns surrounding a potential decline in SKF¡¯s dividend are unwarranted, the analysts say.