Bank of America analyst Peter Bisztyga has lowered the rating for Orsted (DNNGY, Financial) from Neutral to Underperform. Alongside this downgrade, the price target has been adjusted from DKK 350 to DKK 265. This change reflects the growing uncertainty surrounding U.S. regulatory policies that could impact Orsted's offshore projects.
The adjustment highlights concerns over potential regulatory challenges in the United States, which are seen as a risk to the company's operations and future growth in offshore energy projects. This recalibration signals a cautious outlook for investors regarding Orsted's performance under these uncertain conditions.
