MUNICH (dpa-AFX Broker) - Baader Bank has given Cewe a "Buy" rating with a target price of 124 euros after the quarterly figures. The photo service provider performed very strongly and exceeded expectations, analyst Volker Bosse wrote in a study published on Wednesday. In addition, Cewe now expects sales in 2024 to be in the upper half of the confirmed target range, which he and the market had already expected. The outlook looks conservative and probably reflects the economic uncertainties./gl/la

Publication of the original study: 15/05/2024 / 07:39 / CEST First dissemination of the original study: Date not specified in study / Time not specified in study / CEST

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