(Alliance News) - Energy Spa announced Tuesday the initiation of coverage by Italian broker Websim Corporate, with Outperform recommendation and Target Price of EUR2.35 per share.

In the coverage initiation study, Websim analysts highlight "how Energy is a leading player in the ecological transition process, confirming the centrality of BESS - Battery Energy Storage Systems - in the energy transition process.

Energy trades in the green by 7.0 percent at EUR1.53 per share.

By Claudia Cavaliere, Alliance News reporter

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