Deutsche Bank revises targets for Italian utilities, upgrade for Italgas

Deutsche Bank revises targets for Italian utilities upgrade for Italgas

(Finance) – The analysts of Deutsche Bank they increased the recommendation to Buy from Hold on the stock Italgasan energy company included in the FTSE MIB index, with the target price which was brought to 5.7 euros per share from the previous 6 euros.

The upgrade arrived within a report on Italian utilitiesin which the target price was reduced to Snam at 5.2 euros from the previous 5.5 euros (Buy confirmed), up Terna to 7.4 euros from the previous 8.3 euros (Hold confirmed), up Is in the at 7 euros from the previous 7.3 euros (Buy confirmed).

Meanwhile, it is moving upwards Italgaswhich is attested to 5.085 euros, with an increase of 1.60%. Operationally, expectations are for a continuation of the day in a positive direction with resistance seen at 5.113 and subsequently at 5.188. Support at 5.038.

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