NEW YORK (dpa-AFX Broker) - The US analyst firm Bernstein Research has upgraded Eon from "Market-Perform" to "Outperform" with a price target raised from 14 to 15 euros. The valuation of the shares, an improving regulatory environment and strong network growth speak in favor of the shares, wrote analyst Deepa Venkateswaran in a study published on Thursday. Germany is accelerating investments in the expansion of the electricity grid and the energy supplier Eon is in a good position to take advantage of this growth as the largest player in this field./mis/la

Publication of the original study: 07.08.2024 / 16:13 / UTC

First dissemination of the original study: 08/08/2024 / 04:00 / UTC

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