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Enlight Renewable downgraded to Hold from Buy at Deutsche Bank

Deutsche Bank analyst Corinne Blanchard downgraded Enlight Renewable (ENLT) to Hold from Buy with a price target of $30, up from $29. The firm cites valuation for the downgrade ahead of the Q3 report. Amid increased expectations, investors will likely focus on the company’s ability to meet guidance and the likelihood to reach the top end of the range, the analyst tells investors in a research note.

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