** BofA Securities reiterates "buy" rating on Spanish energy company Grenergy GREG.MC, its top renewables pick, saying a recent double-digit selloff creates a "particular entry opportunity"

** Says the lack of a 2028 EBITDA target frustrated investors but notes this "reflects the company's usual conservatism"

** Highlights the firm is well placed to capitalise on energy storage gaining momentum across Europe, given its first-mover advantage and vertically integrated model

** Notes that strong execution and asset rotation create a "virtuous circle for pipeline and growth", supporting expectations of a premium valuation

** Raises target price by 12% to 140 euros on lower front-loaded capex drag

** Separately, RBC and UBS also raise Grenergy target price to 150 euros and 145 euros, respectively

** Of 13 analysts covering Grenergy, nine rate the stock "strong buy" or "buy", three "hold" and one "strong sell" - LSEG data