Deutsche Post: UBS still a buyer, but cuts target price
(CercleFinance.com) - UBS has reiterated its "buy" recommendation on the Deutsche Post-DHL stock, although has cut its target price for the share from 37.
2 euros to 33.4 euros, which suggests upside potential of 32% for the Germain mail and logistics group.
"Using UBS Evidence Lab data we have analysed Amazon's network in Germany and believe risks to DP-DHL remain low, " the broker summarises in its research report.
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