Stifel downgraded Saipem (SAPMY) to Hold from Buy with an unchanged price target of EUR 2.50. The firm expects solid Q4 results but believes investors will be focused on the company’s “beleaguered” Courselle and Thai Oil projects into 2025.
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Read More on SAPMY:
- Saipem price target raised to EUR 3.35 from EUR 3.25 at Berenberg
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