AI capex seen as safe harbour within European electricals as infrastructure beats construction:
Evercore ISI initiates ALLE, ASSA.B.SS, CARR, others (earlier, timing uncertain)
StreetAccount Summary - Trading higher/lower: EU mid-morning
StreetAccount Summary: EU stocks reaching new 52-week highs/lows (138 total)
Legrand downgraded to hold from buy at Kepler Cheuvreux (€154.15, 0.00)
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