NEW YORK (dpa-AFX Broker) - Analyst firm Jefferies has upgraded Gea from "Hold" to "Buy" and raised its price target from 45 to 52 euros. Investors should "milk" the shares, wrote analyst Rizk Maidi in his study published on Wednesday, alluding to the Düsseldorf-based company's dairy technology. In the short term, a more favorable environment for interest rates and milk prices should boost the order situation. In the longer term, Maidi sees potential in profitability. In any case, the shares of the plant manufacturer are too cheap, according to the expert./ag/zb

Publication of the original study: 18.06.2024 / 13:35 / ET

First distribution of the original study: 18.06.2024 / 19:00 / ET

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