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Berenberg upgrades ITM Power to 'buy', raises target price
By Iain Gilbert
Date: Monday 04 Aug 2025
(Sharecast News) - Analysts at Berenberg upgraded PEM electrolysers manufacturer ITM Power from 'hold' to 'buy' on Monday, noting that the group appears to be "approaching its inflection point".
Berenberg said that over the last two years, ITM had streamlined the business and its product offering, and transformed its manufacturing capabilities.
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