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Rheinmetall upgraded to Buy from Neutral at UBS

Rheinmetall upgraded to Buy from Neutral at UBS

UBS analyst Sven Weier upgraded Rheinmetall (RNMBY) to Buy from Neutral with a price target of EUR 1,208, up from EUR 924. Defense spending is set to rise even in an adverse final election outcome in Germany, the analyst tells investors in a research note.

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