UBS has raised its target price for Rheinmetall AG to €630, maintaining a neutral stance on the company. Rheinmetall specializes in military and civilian equipment, with sales primarily from vehicle systems (35.9%), weapons and ammunition (20.6%), and electronic solutions (14.2%). Geographically, 24% of sales come from Germany, with 47.4% from Europe, and the remainder from Asia, the Middle East, and the Americas.