BAE downgraded by Deutsche Bank, but 2025 still looking strong
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Deutsche Bank has downgraded BAE Systems PLC's share price target from 1,540p to 1,510p, but maintains a 'buy' recommendation, indicating confidence in the company's long-term prospects.
December 17, 2024 | 2:30 pm
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Deutsche Bank has lowered BAE Systems' price target from 1,540p to 1,510p, but still recommends buying the stock, suggesting confidence in its future performance.
The adjustment in price target reflects a slight decrease in short-term expectations, but the maintained 'buy' rating indicates that Deutsche Bank still sees strong potential in BAE Systems' future performance. This suggests a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80