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Iberdrola upgraded to Buy from Neutral at Goldman Sachs
The Fly

Iberdrola upgraded to Buy from Neutral at Goldman Sachs

Goldman Sachs analyst Alberto Gandolfi upgraded Iberdrola to Buy from Neutral with a EUR 13 price target. The analyst sees the company’s limited earnings volatility as a “highly attractive feature” in a sector affected by earnings downgrades on the back of falling energy prices.

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