National Grid upgraded as time to 'step back in', says US bank
Portfolio Pulse from
National Grid PLC has been upgraded to 'buy' by Citi, indicating a positive outlook despite recent macroeconomic uncertainties.
January 20, 2025 | 12:45 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Citi has upgraded National Grid PLC to 'buy' from 'neutral', suggesting a positive outlook for the company despite recent macroeconomic challenges.
The upgrade from Citi to 'buy' indicates increased confidence in National Grid's performance, likely leading to a positive short-term impact on its stock price. The upgrade suggests that the bank sees value in the stock despite recent macroeconomic challenges.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90