Stifel downgraded Saipem (SAPMY) to Hold from Buy with an unchanged price target of EUR 2.50. The firm expects solid Q4 results but believes investors will be focused on the company’s “beleaguered” Courselle and Thai Oil projects into 2025.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SAPMY:
- Saipem price target raised to EUR 3.35 from EUR 3.25 at Berenberg
- Saipem downgraded to Hold from Buy at Kepler Cheuvreux
- Saipem price target raised to EUR 3.40 from EUR 3.25 at Citi
- Saipem price target lowered to EUR 3.35 from EUR 3.40 at Morgan Stanley
- Saipem price target raised to EUR 3.40 from EUR 3 at RBC Capital
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue