Milan: Pirelli & C in the red
(Teleborsa) - Pirelli & C is -3.61% down on previous levels after a steady fall.In terms of weekly performance, the share's trend matches the FTSE MIB benchmark index, which means that the share price is supported by market movement rather than by news relating to the company.
At present, the short-term scenario for Pirelli & C anticipates a sharp rise towards a target price of 5.129 Euros. In the case of a healthy temporary correction the most immediate target would be the 4.943 level. However, we expect prices to climb to the 5.315 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) 11-26-2024 09:35 AM