UBS has maintained its "Neutral" rating for Safran, with a price target of 220 euros.
The targets announced during the Capital Markets Day were more conservative than expected, according to analyst Ian Douglas-Pennant.
He prefers to wait for further details from the event before making any adjustments to the rating.
The report, published on December 5, 2024, at 07:49 GMT, highlights UBS's cautious stance in light of the company's strategic updates.
Investors are advised to closely monitor developments as more information becomes available.