Jefferies Keeps Their Buy Rating on Neste Corporation (0O46)
In a report released yesterday, Mark Wilson from Jefferies maintained a Buy rating on Neste Corporation, with a price target of €33.00. The company’s shares closed yesterday at €29.37.
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Wilson covers the Energy sector, focusing on stocks such as TotalEnergies SE, Shell (UK), and BP p.l.c.. According to TipRanks, Wilson has an average return of 7.4% and a 57.25% success rate on recommended stocks.
In addition to Jefferies, Neste Corporation also received a Buy from Barclays’s Naisheng Cui in a report issued yesterday. However, on the same day, Goldman Sachs assigned a Hold rating to Neste Corporation (LSE: 0O46).
Based on Neste Corporation’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €4.95 billion and a net profit of €114 million. In comparison, last year the company earned a revenue of €5.57 billion and had a GAAP net loss of €135 million
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- Neste price target raised to EUR 36 from EUR 35 at RBC Capital
- Analyst Maintains Hold on Improving Execution as Shares Trade Near Unchanged €27 Price Target
- Neste upgraded to Buy from Neutral at UBS
- Neste price target raised to EUR 23 from EUR 20 at JPMorgan
- Hold Rating on Neste: Earnings Momentum Priced In Amid Rising Regulatory and Policy Risks
