Bernstein downgraded Repsol to Market Perform from Outperform. The analyst sees 2024 “as a year for the energy stock-picker,” with share price performance across the sector to be driven by key themes of capital discipline, distributions and upside volatility capture, rather than large commodity price moves. The firm downgraded Repsol as part of its 2024 outlook.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on REPYY:
