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MTU Aero Engines price target raised to EUR 430 from EUR 410 at Jefferies

Jefferies raised the firm’s price target on MTU Aero Engines (MTUAY) to EUR 430 from EUR 410 and keeps a Buy rating on the shares. The firm says the company’s medium term targets illustrate the benefit of strong aftermarket drop-through. It expects MTU to meet its 2030 targets.

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