Berenberg has initiated coverage of Eutelsat with a Hold rating. The brokerage cited higher capital expenditure as a key factor influencing its view.
The outlook for OneWeb and the IRIS2 satellite program also contributed to the assessment.

Coverage begins with a Hold rating as concerns over higher capital expenditure and outlook for OneWeb and IRIS2 weigh on the assessment.

Berenberg has initiated coverage of Eutelsat with a Hold rating. The brokerage cited higher capital expenditure as a key factor influencing its view.
The outlook for OneWeb and the IRIS2 satellite program also contributed to the assessment.

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.
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