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UBS has upgraded SSE Plc from Neutral to Buy, raising the price target to GBP 19.70 amid expectations of improved fundamentals and a shift towards lower-risk transmission investments. Despite a challenging year with a 13% decline in shares, SSE's long-standing dividend payments and strategic pivot towards regulated revenue sources are seen as positive indicators for future growth.
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ubs upgrades sse stock to buy citing transmission focus and growth potential
11:26 09.01.2025
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