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UBS has reduced its price target for Vestas from 245 to 175 Danish crowns while maintaining a "Buy" rating. Analyst Supriya Subramanian noted that disappointing margins in recent quarters and the US presidential election results are now reflected in the stock price, although earnings forecasts for 2024 to 2026 have been significantly lowered.
UBS has reduced its price target for Vestas from 245 to 175 Danish crowns while maintaining a "Buy" rating. Analyst Supriya Subramanian noted that disappointing margins in recent quarters and the US presidential election results are likely already reflected in the stock price, although earnings forecasts for 2024 to 2026 have been significantly lowered.
Jessica Jackson, a 37-year-old wind turbine service technician at Vestas in Texas, earns $73,000 annually and enjoys a rewarding career that offers growth opportunities without requiring a bachelor's degree. With the wind energy sector booming, demand for technicians is expected to rise, providing a pathway for those seeking adventure and competitive salaries. Jackson, who transitioned from being a stay-at-home mom, aims to become a lead technician, potentially earning $100,000 a year, while inspiring others to consider this underrated profession.
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UBS reduces Vestas price target to 175 crowns while maintaining buy rating
10:01 28.11.2024
UBS lowers Vestas price target but maintains buy rating amid earnings forecast cuts
08:13 28.11.2024
wind turbine technicians thrive in high demand and rewarding careers
15:05 27.11.2024
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