✉news BusinessBanking first seen 11 h ago, last 11 h ago, peak #37
Deutsche Bank turns bullish on Iberdrola on power prices
Original: Deutsche Bank bullish on Iberdrola on power prices, earnings growth
Deutsche Bank has issued a bullish assessment of Spanish utility Iberdrola, citing expectations of higher power prices and sustained earnings growth. The bank's positive stance on the energy group comes as European electricity prices and utilities' growth prospects draw investor attention, with Iberdrola seen as well positioned to benefit from improving market conditions.
Why now: Deutsche Bank's upgraded view of Iberdrola signals confidence in the utility sector amid rising power prices, drawing investor interest.
Evidence
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