- (PLX AI) - Nordex shares rose 1% in early trading, outperforming peers Vestas and Siemens Gamesa, after Bank of America analysts forecast strong order intake in the third quarter.
- • Nordex may see orders rise 79% year-over-year, BofA said, maintaining a buy rating on the stock, with a price target of EUR 29
- • Underlying demand should remain strong, especially for 5 MW models and higher, with the launch of the new 6 MW turbine supporting order intake: BofA
- • For next year, focus will turn to the company's adjusted EBITDA target of 8%, which is currently ahead of consensus of 6.9%, the analysts said