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Nordex SE is undergoing a leadership restructuring, with Chief Sales Officer Patxi Landa moving to lead Nordex Capital and CEO José Luis Blanco taking on additional sales responsibilities. Despite a record number of orders, the company's stock has faced significant volatility, recently dropping to €10.93 amid mixed financial results and market reactions to regulatory changes. Analysts remain divided, with Goldman Sachs lowering its target to €20.10 while Jefferies maintains a "Buy" rating with a target of €18.
The new US administration under Donald Trump is expected to slow the growth of onshore wind power capacities significantly from the second half of 2027, according to analyst Alberto Gandolfi. Meanwhile, Nordex SE, a wind turbine manufacturer, has seen mixed stock performance, with shares recently dropping 5.3% despite a record number of orders last year. Analysts maintain a "Buy" rating for Nordex, with target prices ranging from €18 to €20.10, amid ongoing market volatility and leadership changes within the company.
Patxi Landa
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nordex undergoes leadership changes amid market volatility and stock decline
Euro
UBS Group AG
Nordex SE
DEU
Patxi Landa
José Luis Blanco
Alberto Gandolfi
Constantin Hesse
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18:27 04.02.2025
nordex faces challenges amid us wind power policy shifts and market volatility
Euro
UBS Group AG
The Goldman Sachs Group, Inc.
Citadel Advisors LLC
Nordex SE
USA
DEU
Patxi Landa
José Luis Blanco
Alberto Gandolfi
Donald Trump
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21:36 30.01.2025
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