Berenberg downgraded Galp Energia (GLPEY) to Hold from Buy with a price target of EUR 17, down from EUR 19. The firm sees limited share catalysts in 2026 and limited potential upside to the stock’s valuation.
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Read More on GLPEY:
- Galp Energia price target lowered to EUR 19 from EUR 22 at RBC Capital
- Galp Energia downgraded to Neutral from Buy at Citi
- Optimistic Buy Rating for GALP Energia SGPS Amid Strategic Investments and Market Confidence
- Galp Energia price target lowered to EUR 21 from EUR 23 at Jefferies
- Galp Energia price target raised to EUR 19 from EUR 18.50 at Berenberg