Financial institutions slash share price targets for Vestas

Last week's share price plunge at Vestas prompted several major financial institutions to change their outlook for the Danish wind share. Read the recommendations here.

Photo: Vestas

Analysts have made drastic cuts in their earnings estimates for Vestas following the release of the wind turbine manufacturer's disappointing third quarter interim report Wednesday.

This has resulted in major reductions of the share price targets, while multiple financial institutions have also lowered their recommendations on the share.

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