Repsol downgraded to Equal Weight from Overweight at Barclays
The Fly

Repsol downgraded to Equal Weight from Overweight at Barclays

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.

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