Stocks in Action: Safran, Rheinmetall, Friedrich Vorwerk, ThyssenKrupp, Fuchs
Reading Time: 4 minutes
Stock 1.) Safran - Engine manufacturer benefits from travel and tourism boom and rising NATO budgets, Jefferies raises price target to €280 and confirms with Buy! One of the most important buy ratings comes on Monday from Jefferies for Safran. The French conglomerate currently benefits from its strong market position in high-performance engines for passenger aircraft due to the booming aviation and travel traffic, while as a defense contractor, it profits from rising NATO budgets. The rating has been confirmed as Buy and the price target was...
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