BAE Systems gets Citi backing as 'more attractive' that US peers
Portfolio Pulse from
Citi analysts have expressed strong support for BAE Systems, highlighting it as more attractive than its US peers despite concerns about potential US defense spending cuts.
December 02, 2024 | 11:45 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Citi analysts have reinforced their support for BAE Systems, considering it more attractive than US defense companies, despite potential US defense budget cuts.
Citi's positive analyst rating and preference for BAE Systems over US peers is likely to boost investor confidence in BAESF, potentially driving its stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80