Citi analyst Charles Armitage upgraded Hensoldt (HAGHY) to Neutral from Sell with an EUR 88 price target The firm now longer sees the shares as overvalued as it believes Germany will increase defense spending to 3.5%, regardless of the status of Ukraine peace.
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Read More on HAGHY:
- Hensoldt upgraded to Hold from Underperform at Jefferies
- 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
