Eni S.p.A (NYSE:E) is one of the best-performing European stocks to invest in, but was downgraded by RBC Capital from Outperform to Sector Perform with a EUR17 price target on September 2. The Italian energy giant’s balance sheet remains robust, but RBC Capital believes the stock is “due a breather after a strong run.” Eni is an Italian energy conglomerate based in Rome, operating in 66 countries worldwide. While Eni presents investment potential, some AI stocks may offer greater upside and less downside risk. For more information on potential AI investments, check out our free report on the best short-term AI stock.
Read more at Yahoo Finance: RBC Capital Sys Eni (E) “Due a Breather” After Period of Outperformance
