Deutsche Bank: UBS raises target price

(CercleFinance.com) - UBS has reiterated its 'buy' recommendation on Deutsche Bank shares, with its target price raised from E16.
1 to E16.4, with its new target price representing 39% upside potential for the German banking institution's shares.

In its summary, the broker acknowledges "Better near term distributed yield, decent revenue trends, but re-rating hinges on delivery on costs and 2025 revenue stability", but warns that "re-rating hinges on delivery on costs and 2025 revenue stability".


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