NEW YORK (dpa-AFX Broker) - Analysts Jefferies cut its price target for RWE to 50 euros from 54 euros, but left its rating at "buy." Analyst Ahmed Farman factored the impact of the Con Edison Clean Energy acquisition, the nine-month figures and current commodity and regulatory developments into his estimates in a report available Friday. He said the lower price target was related to debt incurred as a result of the acquisition and a slightly higher cost of capital, among other factors. The stock remains undervalued by historical standards even after the price increase in 2022./tih/la

Publication of the original study: 12.01.2023 / 14:55 / ET

First disclosure of the original study: 12.01.2023 / 19:00 / ET

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