RBC Capital Markets has raised Deutsche Bank's stock target to EUR26 from EUR22, maintaining an Outperform rating, citing a positive growth outlook driven by Germany's fiscal expansion and upgraded GDP forecasts. Despite a 17% decline in Q4 2024 pre-tax profit, the bank's net revenues rose 9% year-over-year, bolstered by a 30% increase in the Investment Bank segment. However, the bank plans to cut around 2,000 retail banking jobs by 2025 as part of a cost-cutting initiative amidst ongoing geopolitical and macroeconomic uncertainties.