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Jefferies Reiterates Hold on Terna With €10.90 Price Target

Terna logoTerna
Sig1.15Sen-0.85Env0.00Soc0.00Gov0.00

Jefferies analyst Arturo Murua reiterated a Hold rating on Terna S.p.A., keeping a €10.90 price target. Terna shares closed at €10.04. For the quarter ended Dec. 31, Terna reported €2.18 billion in revenue and €523.8 million net profit, up from €999.5 million revenue and €517.1 million profit a year earlier. Insider sentiment is negative with more selling, and consensus remains Hold with a €9.55 target.

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