Exane BNP Paribas downgraded Naturgy Energy to Underperform from Neutral with a EUR 25.70 price target. The analyst says the European utilities and clean energy sector is “overdue a reboot” in 2024. The firm believes investors to navigate a “tricky path” between election risk and lower commodity prices.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>