As previously reported, UBS downgraded Eni (E) to Neutral from Buy with a price target of EUR 14, down from EUR 15.50. Shares have outperformed peers by 8% since the middle of June, notes the analyst, who now sees “less room for positive surprise” and limited upside to consensus expectations and valuation in 2025.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on E:
- Eni downgraded to Neutral from Buy at UBS
- Eni Advances Shareholder Value with New Treasury Share Buyback
- Eni downgraded to Equal Weight from Overweight at Morgan Stanley
- Eni S.p.A. Expands Share Buyback Program with Recent Treasury Share Acquisition
- Eni S.p.A. Announces 2025 Financial Calendar and Dividend Schedule