Barclays has revised its outlook on Orsted (DNNGY, Financial), adjusting its rating from Equal Weight to Underweight. The new price target has been significantly lowered to DKK 239.95, a decline from the previous target of DKK 365.41.
This change in assessment reflects ongoing challenges in the U.S. market, particularly concerning tariffs and legislative uncertainties affecting both offshore and onshore wind projects. These factors contribute to a cautious stance on Orsted's future performance in the region.
