Berenberg Rates MTU Aero Engines AG as Strong Buy Following Positive Earnings Report
Thursday, 1 August 2024, 11:09
MTU Aero Engines AG Upgraded by Berenberg
On August 1, 2024, Berenberg Bank reaffirmed its Buy rating for MTU Aero Engines AG after analyzing the latest quarterly earnings report.
Key Highlights
- MTU demonstrated strong performance in margin improvements.
- The company has raised its margin outlook for the upcoming quarters.
- Analyst Philip Buller has set a target price of €270.
Given the positive assessment and outlook, MTU Aero Engines may attract more investor interest as it continues to enhance its performance metrics.
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