UBS has increased its price target for MTU from 320 euros to 370 euros, while keeping its "Buy" rating.
Analyst Ian Douglas-Pennant expects that during its upcoming presentation on November 29, the company will announce positive targets for 2025.
Despite the high expectations for the capital market day, the analyst believes there is potential for long-term growth, especially with the integration of GTF engines into MTU's service offerings.
This adjustment reflects UBS's confidence in MTU's future performance and strategic direction.