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BNP Paribas upgrades Andritz stock to outperform with new price target of EUR72
BNP Paribas Exane has upgraded Andritz AG's stock rating from Neutral to Outperform, raising the price target to EUR72 from EUR51. This reflects a positive outlook on the company's Environmental & Energy division, driven by Germany's climate neutrality goals and anticipated demand for green technologies. The analysis indicates that Andritz is well-positioned for growth in sustainable energy solutions, with an attractive valuation supporting the upgrade.
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