UBS Upgrades Atlantica Sustainable to Buy, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
UBS analyst William Grippin upgrades Atlantica Sustainable (AY) from Neutral to Buy and increases the price target from $19 to $25.
March 22, 2024 | 3:46 pm
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UBS analyst William Grippin upgrades Atlantica Sustainable from Neutral to Buy and raises the price target from $19 to $25.
The upgrade from Neutral to Buy by a prominent analyst at UBS, along with a significant increase in the price target, suggests a strong positive outlook for Atlantica Sustainable. This is likely to instill confidence in investors and could lead to a short-term increase in the stock price as market participants react to the upgraded status and higher price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100