Morgan Stanley resumed coverage of Orsted (DNNGY) with an Equal Weight rating and DKK 130 price target Following the recent rights issue, the firm sees 6% upside and an “attractive risk/reward skew,” but notes that this is largely contingent on a positive outcome in its U.S. projects.
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Read More on DNNGY:
- Orsted upgraded to Neutral from Sell at Clarksons
- Orsted price target lowered to DKK 120 from DKK 320 at RBC Capital
- Orsted downgraded to Underperform from Neutral at Grupo Santander
- Orsted price target lowered to DKK 208 from DKK 210 at JPMorgan
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