Orsted downgraded to Hold from Buy at Deutsche Bank
The Fly

Orsted downgraded to Hold from Buy at Deutsche Bank

Deutsche Bank downgraded Orsted (DNNGY) to Hold from Buy with a price target of DKK 440, down from DKK 500. While the company’s farm-down is an important step towards Orsted’s disposal target, the price is substantially lower than levels achieved in the past, the analyst tells investors in a research note.

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