Acciona Energia : Guidance for 2024 confirmed and stabilisation of the business model
>Neutral rating maintained and target price adjusted to € 24.9 (vs € 26.5) - After the publication of interim results which, on a recurring basis came in below our forecasts, we are maintaining our Neutral rating. Like its Iberian competitors, the group should benefit from a wholesale price environment that is resuming an upward slope, but on a less aggressive trajectory for the development of new installed capacity from 2025, helping to protect the balance sheet and ...
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