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Fly News Breaks for August 28, 2018
EONGY
Aug 28, 2018 | 08:29 EDT
Jefferies analyst Ahmed Farman downgraded E.ON to Hold and lowered his price target for the shares to EUR 10.20 from EUR 11. The analyst says that while he still sees the asset swap deal with RWE as the right strategic move for E.ON, new regulatory risks in Sweden and ongoing retail pressures make him more cautious.
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