Neoen gains 2% to outperform the trend in Paris, supported by Stifel, which raises its recommendation on the renewable energies group from 'hold' to 'buy', with a price target raised from 36 to 42 euros.

Despite cost inflation, the next capital increase of 'up to 600 million euros' should be sufficient to achieve the target, set at the Investor Day, of 10 GW in operation or under construction by the end of 2025", the broker believes.

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