Nordex price target raised to EUR 21 from EUR 19 at Jefferies

Jefferies analyst Constantin Hesse raised the firm’s price target on Nordex (NRDXF) to EUR 21 from EUR 19 and keeps a Buy rating on the shares. The firm expects “a good start into ’25 for Nordex,” with orders of at least 1.5GW and a continued sequential improvement in profitability, the analyst tells investors.

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