DAX closes the week higher - IONOS benefits from Morgan Stanley upgrade - SAP and Nemetschek gain momentum after strong Atlassian results - Süss Microtec benefits from Deutsche Bank and Warburg upgrades - Munich Re under pressure after weak outlook for reinsurance segment - Twilio sees stock fireworks after strong results - Frontdoor gains after quarterly report!
Reading Time: 6 minutes
The DAX managed to gain on the last trading day of the week despite weaker signals from the US indices. After a strong opening, the German benchmark index increased its gains further during the trading day, rising +0.41% by noon . One of the top gainers on the floor is IONOS (+5.1%), after Morgan Stanley upgraded the stock of the web hosting and cloud specialist to "Overweight" and also significantly raised the price target. Follow-up gains can be observed on the last trading day of the week for DEUTZ , after the engine manufacturer reported strong...
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