Exane BNP Paribas analyst Paul Redman downgraded Eni SpA to Neutral from Outperform with a EUR 15 price target. The company’s capex outlook for 2023 is above expectations, says the analyst, who sees more value elsewhere in the sector.
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Published first on TheFly
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Read More on E:
- Eni SpA price target lowered to EUR 17 from EUR 17.50 at Barclays
- Eni SpA price target raised to EUR 16.50 from EUR 15.80 at Morgan Stanley
- Eni SpA downgraded to Neutral from Overweight at JPMorgan
- Eni SpA initiated with an Outperform at Credit Suisse
- Eni SpA upgraded to Outperform from Market Perform at Bernstein