EnergyWatch

Morningstar lowers target price for Vestas

Morningstar still recommends buying the Danish turbine manufacturer's equity, but the target price has been knocked down slightly.

Photo: Xcel Energy

US-based investment management company Morningstar has shaved DKK 50 (EUR 6.7) off the target price of Vestas equity, shows data from Bloomberg News.

The new target price is DKK 566.56 against the prior DKK 618.32.

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