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Terna upgraded to Outperform from Sector Perform at RBC Capital

RBC Capital upgraded Terna (TEZNY) to Outperform from Sector Perform with a price target of EUR 9.60, up from EUR 8.60. The firm believes the stock’s underperformance relative to Terna’s Italian peers has ended, with projected mid-single-digit earnings growth through 2030.

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