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EDP: stock up on broker comments

(CercleFinance.com) - EDP shares are up over 1% today, outperforming the PSI20 index in Lisbon, benefiting from UBS' comments, which confirmed its "buy" rating on the stock, nudging up its target price for it from 5.
45 euros to 5.8 euros, after the Portuguese energy group's interim results.

Analysts say that EDP still offers attractive growth and a significant implied discount on the Iberian units compared to its listed subsidiaries EDPR and EDP Brasil.


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