Citi downgraded RWE AG (RWEOY) to Neutral from Buy with a price target of EUR 39.50, down from EUR 42. The firm believes the company’s cash flow to 2030 are being overestimated by the market.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RWEOY:
- RWE AG upgraded to Outperform from Neutral at BNP Paribas Exane
- RWE AG U.S. shares initiated with a Buy at Berenberg
- RWE AG upgraded to Outperform from Market Perform at Bernstein
- RWE AG price target lowered to EUR 46.50 from EUR 47.50 at JPMorgan
- RWE AG Earnings Call: Strong Performance Amid Challenges