Kepler Cheuvreux analyst Boris Bourdet upgraded Thyssenkrupp (TKAMY) to Buy from Hold with a price target of EUR 12.40, up from EUR 5.60. The firm cites the company’s “sweet spot” exposure to Germany and defense for the upgrade.
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Read More on TKAMY:
- Thyssenkrupp price target raised to EUR 6.90 from EUR 6.60 at Morgan Stanley
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- Thyssenkrupp price target raised to EUR 6.50 from EUR 4.10 at JPMorgan
- Thyssenkrupp price target raised to EUR 8.50 from EUR 5.50 at Citi
- Thyssenkrupp price target raised to EUR 4.90 from EUR 4 at Barclays