Feb 12 • 05:00 UTC 🇬🇷 Greece Naftemporiki

Stock Exchange: Extra Ammunition for GEK TERNA

The stock of GEK TERNA has reached a new record price of €36.84, despite not being included in the MSCI Standard Greece index, supported by a 'buy' recommendation from Pantelakis, which raises its price target to €42.2.

Despite not being included in the MSCI Standard Greece index, the stock of GEK TERNA has achieved a new record price of €36.84. The driving force behind this surge is a recommendation from Pantelakis, which suggests a 'buy' status for the stock and raises the price target to €42.2. Additionally, there has been an improvement in the projected EBITDA estimates for 2028, which is now anticipated to reach €0.8 billion, up from the previous estimate of €0.7 billion.

The stock's performance indicates the potential for further gains, which could attract both local and international investors. The significant upward revision of earnings expectations could lead to more bullish sentiment towards the company as it continues to operate in a competitive market. As a result, this recommendation may influence trading strategies among investors who follow the Greek stock market closely.

The note concludes with a disclaimer that the information provided is for journalistic purposes and does not constitute an investment recommendation, which reinforces the importance of conducting careful analysis before making investment decisions. This focus on responsible investing reflects broader trends in financial media where due diligence and caution are emphasized.

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