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Enlight Renewable price target raised to $65 from $47 at UBS

UBS analyst Jon Windham raised the firm’s price target on Enlight Renewable (ENLT) to $65 from $47 and keeps a Buy rating on the shares. Enlight’s valuation appears attractive, the analyst tells investors in a research note. In a market with increasingly scarce clean energy supply, the setup supports continued vertical integration by technology companies seeking to meet electricity demand and clean energy matching goals, UBS adds.

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