(The analyst's assessment of MTU is specified in the report of July 11 at 10:03 p.m.)/la

NEW YORK (dpa-AFX) - Analyst firm Jefferies has raised its price target for MTU from 280 to 300 euros ahead of the second quarter figures and left its rating at "Buy". The engine manufacturer should have performed solidly, analyst Chloe Lemarie wrote in a study published on Thursday. After a weak start to the year, the spare parts business is likely to have picked up again significantly. All in all, the expert expects no change to the outlook for the current financial year, apart from a possible narrowing of the range for free cash flow. MTU continues to be a particularly valuable company./la/he/mis

Publication of the original study: 11.07.2024 / 15:43 / ET First transmission of the original study: 11.07.2024 / 15:43 / ET

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