Kepler, a financial services firm, upgraded Orsted to a “buy” rating due to an anticipated decrease in capital expenditures. This news caused Orsted’s shares to jump by 4%. The upgrade suggests a positive outlook for the company’s future performance and financial health. Investors are responding favorably to this news.

Read more at Investing.com: Kepler upgrades Orsted to “buy” on looming capex cliff, shares jump 4%