Jefferies upgraded Hensoldt (HAGHY) to Hold from Underperform with a price target of EUR 92, up from EUR 60. Civil aerospace momentum is accelerating, aftermarket upgrades are broad-based, and defense valuations “offer good entry points into an attractive supercycle,” the analyst tells investors in a sector note. In addition to making two upgrades, the firm raised price targets across key names in its European Aerospace & Defense coverage.
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Read More on HAGHY:
- Cautious Outlook on HENSOLDT AG: Sell Rating Amid Operational Challenges and Uncertain Growth Prospects
- Hensoldt price target raised to EUR 78 from EUR 45 at Morgan Stanley
- Hensoldt price target raised to EUR 120 from EUR 110 at JPMorgan
- Hensoldt price target raised to EUR 111 from EUR 71 at Deutsche Bank
- Hensoldt downgraded to Sell from Neutral at Citi