UBS Cuts Pennon Group PT, Keeps Buy Recommendation

08:34 AM EDT, 10/14/2026 (MT Newswires) -- UBS on Wednesday lowered its price target for British water utility Pennon Group (PNN.L) to 4.25 pounds sterling from 5.50 pounds, while maintaining a buy rating. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)