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Repsol downgraded to Equal Weight from Overweight at Morgan Stanley
The Fly

Repsol downgraded to Equal Weight from Overweight at Morgan Stanley

Morgan Stanley downgraded Repsol to Equal Weight from Overweight with a price target of EUR 16.40, down from EUR 18.30, citing “a more subdued near-term refining environment” and limited catalysts into the strategy update due in February.

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