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MTU Aero Engines price target lowered to EUR 400 from EUR 430 at Jefferies

Jefferies lowered the firm’s price target on MTU Aero Engines (MTUAY) to EUR 400 from EUR 430 and keeps a Buy rating on the shares. The company pre-released solid Q1 results but direct tariffs are a headwind, the analyst tells investors in a research note. The firm cut estimates on currency revisions and keeps MTU as its civil top pick.

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