UBS raised the firm’s price target on Enlight Renewable (ENLT) to $93 from $65 and keeps a Buy rating on the shares. UBS sees potential upside to Enlight’s FY2028 guidance of 12-13FGW of installed capacity given significant demand for near-term generating capacity to meet growing tech company electricity demand and the company’s expectation to safe harbor 14- 17fGW of projects, the analyst tells investors in a research note.
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Read More on ENLT:
- Enlight Renewable Energy: Buy Rating on Strong Growth Outlook, Enhanced Capacity Targets, and Premium Valuation Potential
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