FRANKFURT (dpa-AFX Broker) - Deutsche Bank Research has upgraded TAG Immobilien from "Hold" to "Buy" and raised its price target from 11 to 16 euros. The sentiment for real estate stocks has also brightened due to the improved financing conditions on the credit markets, analyst Thomas Rothäusler wrote in a sector study published on Thursday. As a result of the start of the European Central Bank's interest rate reduction cycle, the outlook is likely to brighten further./mis/tih

Publication of the original study: 27.06.2024 / Time not specified in study / CET

First dissemination of the original study: 27.06.2024 / 04:11 / CET