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Berenberg lowers target price on National Grid

By Iain Gilbert

Date: Tuesday 15 Oct 2024

(Sharecast News) - Analysts at Berenberg lowered their target price on utilities giant National Grid from 1,150.0p to 1,070.0p on Tuesday, stating the group would now be forced to deliver "a balancing act".
Berenberg, which stood by its 'hold' rating on the stock, said National Grid's five-year £60.0bn capex plan demonstrates...

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