UBS upgrades Snam on unjustified discount to peers, resilient growth outlook
UBS upgraded Snam to 'buy' from 'neutral,' citing a 10% share price decline and an unjustified discount to peers. The broker set a 12-month price target of €6.60, down 1% from €6.70. UBS noted resilient growth outlook, earnings beats, and a high dividend yield, but warned of regulatory risks.



