HAMBURG (dpa-AFX Broker) - Private bank Berenberg cut its price target for Eon to 12.00 euros from 12.50 euros, but kept its rating at "buy." In a research note published on Tuesday, analyst Andrew Fisher assumes a continued robust development and long-term growth opportunities in the utility's two core businesses, the network business and customer solutions. Eon remains undervalued, he said. However, the risks associated with the energy crisis are relatively well reflected in the share price. The stock is one of his "top picks" in the European utilities sector./ajx/gl

Publication of the original study: 23.01.2023 / 17:20 / GMT First disclosure of the original study: Date in study not specified / Time in study not specified / Time zone in study not specified

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