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MTU Aero Engines upgraded to Buy from Neutral at Goldman Sachs

MTU Aero Engines upgraded to Buy from Neutral at Goldman Sachs

Goldman Sachs upgraded MTU Aero Engines (MTUAY) to Buy from Neutral with a EUR 400 price target The analyst sees a “firm path” for the company to grow returns and inflect cash flow in the medium term, which Goldman believes remains underappreciated.

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