Morgan Stanley analyst Robert Pulleyn upgraded Iberdrola to Overweight from Equal Weight with a EUR 13 price target. The analyst sees currency levels as a good entry point, with concerns on the Mexico asset disposal resolved.
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Read More on IBDRY:
- Iberdrola price target lowered to EUR 11.50 from EUR 12 at Berenberg
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- Iberdrola price target raised to EUR 13 from EUR 12 at Morgan Stanley