Interpump dips after Equita trims estimates, PT

Interpump SpA

06/02/2024 09:19

** Shares in Italian pump manufacturer Interpump  ITPG.MI 
fall as much as 8% after Equita trimmed its estimates and PT on
the stock ahead of results on Feb. 14, a Milan-based trader says
    ** Equita cut its adjusted EPS estimate by 2% and 5% for
2023-2024 and lowered PT by 2% to 53 euros
    ** The brokerage says it expects a divergence between water
jetting and hydraulics at the topline level
    ** By 0919 GMT stock is down 5.5%, having been halted from
trading earlier

 (Reporting by Romolo Tosiani, Giancarlo Navach)
 ((romolo.tosiani@tr.com))