Barclays downgraded Repsol (REPYY) to Equal Weight from Overweight with a price target of EUR 15, down from EUR 18. The firm cites the company’s “subdued” refining margins and weaker U.S. Henry hub price for the downgrade.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on REPYY: