RE: Berenberg raises target price29 May 2026 09:58
Berenberg raised its target price for Ceres Power Holdings (LON: CWR) to 980p (up from 530p), maintaining a Buy rating. This significant price target hike comes as Ceres benefits from growing market interest in solid-oxide technology for energy-intensive AI data centres.The revision highlights the company's expanding commercial pipeline and successful product launches, reinforcing broker conviction despite earlier market uncertainties.