Enel: UBS cuts target price; shares fall
(CercleFinance.com) - Shares in Enel were trading lower on Monday, after UBS cuts its target price for the stock from 6.
15 euros to 5.65 euros, while maintaining its "buy" rating.
The Italian utility giant's shares were down 0.3% at 4.25 euros in mid-morning trading, underperforming the FTSE MIB index, which is currently up 0.2%.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
15 euros to 5.65 euros, while maintaining its "buy" rating.
The Italian utility giant's shares were down 0.3% at 4.25 euros in mid-morning trading, underperforming the FTSE MIB index, which is currently up 0.2%.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.