Endesa upgraded to Overweight from Equal Weight at Barclays

Barclays analyst Jose Ruiz upgraded Endesa (ELEZY) to Overweight from Equal Weight with a price target of EUR 26.40, up from EUR 24.20. The end of 2025 is the deadline for submitting the application of Almaraz 1 nuclear plant life extension, and this is a major catalyst for Spanish integrated names, in particular for Endesa, the analyst tells investors in a research note.