Barclays downgraded Endesa (ELEZY) to Equal Weight from Overweight with an unchanged price target of EUR 28.60. The firm adjusted ratings in European utilities to reflect a new positive stance renewables due to an improving onshore wind and solar outlook. Generators is Barclays’ least preferred sub-sector.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ELEZY: