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   <title>Saipem  (SPM:IM) (SAPMF) PT Lowered to EUR5.05 at Berenberg</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Saipem++%28SPM%3AIM%29+%28SAPMF%29+PT+Lowered+to+EUR5.05+at+Berenberg/26837357.html</link>
   <description>Berenberg analyst Richard Dawson lowered the price target on Saipem  (SPM:IM) (OTC: SAPMF) to EUR5.05  (from EUR5.25) while maintaining a Buy rating.</description>
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   <title>Saipem  (SPM:IM) (SAPMF) PT Lowered to EUR5.05 at Berenberg</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Saipem++%28SPM%3AIM%29+%28SAPMF%29+PT+Lowered+to+EUR5.05+at+Berenberg/26837357.html</link>
   <description>Berenberg analyst Richard Dawson lowered the price target on Saipem  (SPM:IM) (OTC: SAPMF) to EUR5.05  (from EUR5.25) while maintaining a Buy rating.</description>
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   <title>Saipem  (SPM:IM) (SAPMF) PT Lowered to EUR5.05 at Berenberg</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Saipem++%28SPM%3AIM%29+%28SAPMF%29+PT+Lowered+to+EUR5.05+at+Berenberg/26837357.html</link>
   <description>Berenberg analyst Richard Dawson lowered the price target on Saipem  (SPM:IM) (OTC: SAPMF) to EUR5.05  (from EUR5.25) while maintaining a Buy rating.</description>
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   <title>Saipem  (SPM:IM) (SAPMF) PT Lowered to EUR5.05 at Berenberg</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Saipem++%28SPM%3AIM%29+%28SAPMF%29+PT+Lowered+to+EUR5.05+at+Berenberg/26837357.html</link>
   <description>Berenberg analyst Richard Dawson lowered the price target on Saipem  (SPM:IM) (OTC: SAPMF) to EUR5.05  (from EUR5.25) while maintaining a Buy rating.</description>
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   <title>Saipem  (SPM:IM) (SAPMF) PT Lowered to EUR4.60 at UBS</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Saipem++%28SPM%3AIM%29+%28SAPMF%29+PT+Lowered+to+EUR4.60+at+UBS/26829282.html</link>
   <description>UBS analyst Anna Kishmariya lowered the price target on Saipem  (SPM:IM) (OTC: SAPMF) to EUR4.60  (from EUR4.90) while maintaining a Buy rating.</description>
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   <pubDate>Wed, 29 Jul 2026 05:54:49 -0400</pubDate>
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   <title>Saipem  (SPM:IM) (SAPMF) PT Lowered to EUR4.60 at UBS</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Saipem++%28SPM%3AIM%29+%28SAPMF%29+PT+Lowered+to+EUR4.60+at+UBS/26829282.html</link>
   <description>UBS analyst Anna Kishmariya lowered the price target on Saipem  (SPM:IM) (OTC: SAPMF) to EUR4.60  (from EUR4.90) while maintaining a Buy rating.</description>
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   <title>Saipem  (SPM:IM) (SAPMF) PT Lowered to EUR4.60 at UBS</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Saipem++%28SPM%3AIM%29+%28SAPMF%29+PT+Lowered+to+EUR4.60+at+UBS/26829282.html</link>
   <description>UBS analyst Anna Kishmariya lowered the price target on Saipem  (SPM:IM) (OTC: SAPMF) to EUR4.60  (from EUR4.90) while maintaining a Buy rating.</description>
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   <title>Saipem  (SPM:IM) (SAPMF) PT Lowered to EUR4.60 at UBS</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Saipem++%28SPM%3AIM%29+%28SAPMF%29+PT+Lowered+to+EUR4.60+at+UBS/26829282.html</link>
   <description>UBS analyst Anna Kishmariya lowered the price target on Saipem  (SPM:IM) (OTC: SAPMF) to EUR4.60  (from EUR4.90) while maintaining a Buy rating.</description>
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   <title>Saipem  (SPM:IM) (SAPMF) PT Lowered to EUR4.80 at Kepler Cheuvreux</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Saipem++%28SPM%3AIM%29+%28SAPMF%29+PT+Lowered+to+EUR4.80+at+Kepler+Cheuvreux/26829275.html</link>
   <description>Kepler Cheuvreux analyst Kevin Roger lowered the price target on Saipem  (SPM:IM) (OTC: SAPMF) to EUR4.80  (from EUR5.00) while maintaining a Buy rating.</description>
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   <pubDate>Wed, 29 Jul 2026 05:54:15 -0400</pubDate>
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   <title>Saipem  (SPM:IM) (SAPMF) PT Lowered to EUR4.80 at Kepler Cheuvreux</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Saipem++%28SPM%3AIM%29+%28SAPMF%29+PT+Lowered+to+EUR4.80+at+Kepler+Cheuvreux/26829275.html</link>
   <description>Kepler Cheuvreux analyst Kevin Roger lowered the price target on Saipem  (SPM:IM) (OTC: SAPMF) to EUR4.80  (from EUR5.00) while maintaining a Buy rating.</description>
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   <title>Saipem  (SPM:IM) (SAPMF) PT Lowered to EUR4.80 at Kepler Cheuvreux</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Saipem++%28SPM%3AIM%29+%28SAPMF%29+PT+Lowered+to+EUR4.80+at+Kepler+Cheuvreux/26829275.html</link>
   <description>Kepler Cheuvreux analyst Kevin Roger lowered the price target on Saipem  (SPM:IM) (OTC: SAPMF) to EUR4.80  (from EUR5.00) while maintaining a Buy rating.</description>
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   <title>Saipem  (SPM:IM) (SAPMF) PT Lowered to EUR4.80 at Kepler Cheuvreux</title>
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   <description>Kepler Cheuvreux analyst Kevin Roger lowered the price target on Saipem  (SPM:IM) (OTC: SAPMF) to EUR4.80  (from EUR5.00) while maintaining a Buy rating.</description>
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   <title>Saipem  (SPM:IM) (SAPMF) PT Raised to EUR5.95 at JPMorgan</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Saipem++%28SPM%3AIM%29+%28SAPMF%29+PT+Raised+to+EUR5.95+at+JPMorgan/26754498.html</link>
   <description>JPMorgan analyst Kate Somerville raised the price target on Saipem  (SPM:IM) (OTC: SAPMF) to EUR5.95  (from EUR5.89) while maintaining a Overweight rating.</description>
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   <pubDate>Fri, 10 Jul 2026 04:48:23 -0400</pubDate>
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   <title>Saipem  (SPM:IM) (SAPMF) PT Raised to EUR5.95 at JPMorgan</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Saipem++%28SPM%3AIM%29+%28SAPMF%29+PT+Raised+to+EUR5.95+at+JPMorgan/26754498.html</link>
   <description>JPMorgan analyst Kate Somerville raised the price target on Saipem  (SPM:IM) (OTC: SAPMF) to EUR5.95  (from EUR5.89) while maintaining a Overweight rating.</description>
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   <pubDate>Fri, 10 Jul 2026 04:48:23 -0400</pubDate>
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   <title>Saipem  (SPM:IM) (SAPMF) PT Raised to EUR5.95 at JPMorgan</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Saipem++%28SPM%3AIM%29+%28SAPMF%29+PT+Raised+to+EUR5.95+at+JPMorgan/26754498.html</link>
   <description>JPMorgan analyst Kate Somerville raised the price target on Saipem  (SPM:IM) (OTC: SAPMF) to EUR5.95  (from EUR5.89) while maintaining a Overweight rating.</description>
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   <pubDate>Fri, 10 Jul 2026 04:48:23 -0400</pubDate>
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   <title>Saipem  (SPM:IM) (SAPMF) PT Raised to EUR5.95 at JPMorgan</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Saipem++%28SPM%3AIM%29+%28SAPMF%29+PT+Raised+to+EUR5.95+at+JPMorgan/26754498.html</link>
   <description>JPMorgan analyst Kate Somerville raised the price target on Saipem  (SPM:IM) (OTC: SAPMF) to EUR5.95  (from EUR5.89) while maintaining a Overweight rating.</description>
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   <pubDate>Fri, 10 Jul 2026 04:48:23 -0400</pubDate>
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   <title>BNP Paribas Exane Reinstates Saipem  (SPM:IM) (SAPMF) at Outperform</title>
   <link>http://www.streetinsider.com/Intl+Ratings/BNP+Paribas+Exane+Reinstates+Saipem++%28SPM%3AIM%29+%28SAPMF%29+at+Outperform/26731799.html</link>
   <description>&lt;p&gt;BNP Paribas Exane analyst Paul Redman reinstates coverage on Saipem (SPM:IM) (OTC: SAPMF) with a Outperform rating and a price target of EUR5.30.&lt;/p&gt;&lt;p&gt;The analyst comments: “Post the CADE (Brazil’s antitrust watchdog) decision, we estimate low delay risk to a 2H26 merger completion. We see upside to guided synergies (5%/12% of 2027/28e EBITDA) from integrated project delivery, geographic cross-selling, pricing power and the Offshore Wind combination. Additionally, further value crystallisation seems possible with the divestment (part or full) of the Offshore drilling business or Renewables operations and a strategic review of Sustainable Infrastructures. The BNPP valuation of Saipem7 sees ~40% upside</description>
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   <pubDate>Mon, 06 Jul 2026 05:01:18 -0400</pubDate>
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   <title>BNP Paribas Exane Reinstates Saipem  (SPM:IM) (SAPMF) at Outperform</title>
   <link>http://www.streetinsider.com/New+Coverage/BNP+Paribas+Exane+Reinstates+Saipem++%28SPM%3AIM%29+%28SAPMF%29+at+Outperform/26731799.html</link>
   <description>&lt;p&gt;BNP Paribas Exane analyst Paul Redman reinstates coverage on Saipem (SPM:IM) (OTC: SAPMF) with a Outperform rating and a price target of EUR5.30.&lt;/p&gt;&lt;p&gt;The analyst comments: “Post the CADE (Brazil’s antitrust watchdog) decision, we estimate low delay risk to a 2H26 merger completion. We see upside to guided synergies (5%/12% of 2027/28e EBITDA) from integrated project delivery, geographic cross-selling, pricing power and the Offshore Wind combination. Additionally, further value crystallisation seems possible with the divestment (part or full) of the Offshore drilling business or Renewables operations and a strategic review of Sustainable Infrastructures. The BNPP valuation of Saipem7 sees ~40% upside</description>
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   <pubDate>Mon, 06 Jul 2026 05:01:18 -0400</pubDate>
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   <title>BNP Paribas Exane Reinstates Saipem  (SPM:IM) (SAPMF) at Outperform</title>
   <link>http://www.streetinsider.com/Analyst+Comments/BNP+Paribas+Exane+Reinstates+Saipem++%28SPM%3AIM%29+%28SAPMF%29+at+Outperform/26731799.html</link>
   <description>&lt;p&gt;BNP Paribas Exane analyst Paul Redman reinstates coverage on Saipem (SPM:IM) (OTC: SAPMF) with a Outperform rating and a price target of EUR5.30.&lt;/p&gt;&lt;p&gt;The analyst comments: “Post the CADE (Brazil’s antitrust watchdog) decision, we estimate low delay risk to a 2H26 merger completion. We see upside to guided synergies (5%/12% of 2027/28e EBITDA) from integrated project delivery, geographic cross-selling, pricing power and the Offshore Wind combination. Additionally, further value crystallisation seems possible with the divestment (part or full) of the Offshore drilling business or Renewables operations and a strategic review of Sustainable Infrastructures. The BNPP valuation of Saipem7 sees ~40% upside</description>
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   <title>BNP Paribas Exane Reinstates Saipem  (SPM:IM) (SAPMF) at Outperform</title>
   <link>http://www.streetinsider.com/Intl+Ratings/BNP+Paribas+Exane+Reinstates+Saipem++%28SPM%3AIM%29+%28SAPMF%29+at+Outperform/26731799.html</link>
   <description>&lt;p&gt;BNP Paribas Exane analyst Paul Redman reinstates coverage on Saipem (SPM:IM) (OTC: SAPMF) with a Outperform rating and a price target of EUR5.30.&lt;/p&gt;&lt;p&gt;The analyst comments: “Post the CADE (Brazil’s antitrust watchdog) decision, we estimate low delay risk to a 2H26 merger completion. We see upside to guided synergies (5%/12% of 2027/28e EBITDA) from integrated project delivery, geographic cross-selling, pricing power and the Offshore Wind combination. Additionally, further value crystallisation seems possible with the divestment (part or full) of the Offshore drilling business or Renewables operations and a strategic review of Sustainable Infrastructures. The BNPP valuation of Saipem7 sees ~40% upside</description>
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   <title>BNP Paribas Exane Reinstates Saipem  (SPM:IM) (SAPMF) at Outperform</title>
   <link>http://www.streetinsider.com/New+Coverage/BNP+Paribas+Exane+Reinstates+Saipem++%28SPM%3AIM%29+%28SAPMF%29+at+Outperform/26731799.html</link>
   <description>&lt;p&gt;BNP Paribas Exane analyst Paul Redman reinstates coverage on Saipem (SPM:IM) (OTC: SAPMF) with a Outperform rating and a price target of EUR5.30.&lt;/p&gt;&lt;p&gt;The analyst comments: “Post the CADE (Brazil’s antitrust watchdog) decision, we estimate low delay risk to a 2H26 merger completion. We see upside to guided synergies (5%/12% of 2027/28e EBITDA) from integrated project delivery, geographic cross-selling, pricing power and the Offshore Wind combination. Additionally, further value crystallisation seems possible with the divestment (part or full) of the Offshore drilling business or Renewables operations and a strategic review of Sustainable Infrastructures. The BNPP valuation of Saipem7 sees ~40% upside</description>
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   <title>BNP Paribas Exane Reinstates Saipem  (SPM:IM) (SAPMF) at Outperform</title>
   <link>http://www.streetinsider.com/Analyst+Comments/BNP+Paribas+Exane+Reinstates+Saipem++%28SPM%3AIM%29+%28SAPMF%29+at+Outperform/26731799.html</link>
   <description>&lt;p&gt;BNP Paribas Exane analyst Paul Redman reinstates coverage on Saipem (SPM:IM) (OTC: SAPMF) with a Outperform rating and a price target of EUR5.30.&lt;/p&gt;&lt;p&gt;The analyst comments: “Post the CADE (Brazil’s antitrust watchdog) decision, we estimate low delay risk to a 2H26 merger completion. We see upside to guided synergies (5%/12% of 2027/28e EBITDA) from integrated project delivery, geographic cross-selling, pricing power and the Offshore Wind combination. Additionally, further value crystallisation seems possible with the divestment (part or full) of the Offshore drilling business or Renewables operations and a strategic review of Sustainable Infrastructures. The BNPP valuation of Saipem7 sees ~40% upside</description>
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   <title>Saipem  (SPM:IM) (SAPMF) PT Raised to EUR4.90 at UBS</title>
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   <description>UBS analyst Anna Kishmariya raised the price target on Saipem  (SPM:IM) (OTC: SAPMF) to EUR4.90  (from EUR4.70) while maintaining a Buy rating.</description>
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   <title>Saipem  (SPM:IM) (SAPMF) PT Raised to EUR4.90 at UBS</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Saipem++%28SPM%3AIM%29+%28SAPMF%29+PT+Raised+to+EUR4.90+at+UBS/26715788.html</link>
   <description>UBS analyst Anna Kishmariya raised the price target on Saipem  (SPM:IM) (OTC: SAPMF) to EUR4.90  (from EUR4.70) while maintaining a Buy rating.</description>
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   <title>Saipem  (SPM:IM) (SAPMF) PT Raised to EUR4.90 at UBS</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Saipem++%28SPM%3AIM%29+%28SAPMF%29+PT+Raised+to+EUR4.90+at+UBS/26715788.html</link>
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