(Finance) – They’re coming encouraging reviews For Is in the in view of the new industrial plan which will be revealed next week, the first from new CEO Flavio Cattaneo.
Morgan Stanley improved the recommendation to “equal-weight” from “underweight”, with an increase in the target price to 7 euros (from the previous 5.3 euros).
The broker does not consider further divestments necessary for the group as it has already reached €12 billion in its €21 billion divestment plan 2022-2024. “Reduce, or cancel, the divestment plan would most likely trigger easy upgrades to consensus EPS,” he wrote in a note.
HSBC it instead increased the target price to 7.4 euros per share (from the previous 7.2 euros), confirming the opinion “Buy“.
It moves upwards Is in theThat it stands at 6.434 euroswith a 2.09% increase. Operationally, expectations are for a continuation of the day in a positive direction with resistance seen at 6.48 and subsequently at 6.602. Support at 6.358.