UBS has revised its price target for RWE shares, lowering it from 49 euros to 45 euros while maintaining a "buy" recommendation.
Analyst Wanda Serwinowska has adjusted her operating earnings estimates for RWE through 2027, adopting a more cautious stance regarding the company's renewable energy pipeline.
The bank's decision reflects a broader effort to rebuild investor confidence, which is still in its early stages.
Despite the reduced price target, UBS's continued endorsement of RWE as a buy indicates a positive outlook on the company's long-term potential in the energy sector.