ubs raises mtus price target to 370 euros maintaining buy recommendation

UBS, a Swiss bank, has raised its price target for MTU from 320 euros to 370 euros. The bank maintains a "buy" recommendation.

Analyst Ian Douglas-Pennant expects optimistic targets for 2025 to be announced on November 29. There are already high expectations for the upcoming capital market day. In the long term, the analyst sees potential for additional growth as GTF engines are integrated into the service business.

The original study will be published on November 26, 2024, at 03:03 GMT.

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