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Milan: Fincantieri on the rise
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The analysis of Fincantieri's share price on a weekly basis highlights its bullish trend line, as it outperforms the benchmark. Thus the share is showing a greater performance than the FTSE Italia Mid Cap.
At present, the short-term scenario for Fincantieri anticipates a sharp rise towards a target price of 5.366 Euros. In the case of a healthy temporary correction the most immediate target would be the 5.168 level. However, we expect prices to climb to the 5.564 high.
These analyses are to be considered solely for information purposes and are not in any way intended to constitute financial advice, a solicitation of funds from the public or the promotion of any form of investment.
(Teleborsa Research Department)
(Teleborsa) 07-18-2024 12:30 PM