NEW YORK (dpa-AFX) - The US investment bank Goldman Sachs has upgraded DHL Group from "Neutral" to "Buy" and raised its price target from 46 to 53 euros. A positive economic turnaround and cross-border online trade should drive the return to growth of the logistics group's express division, analyst Patrick Creuset wrote in a study published on Thursday. In addition, the regulatory reform should help restore earnings in the postal business after the challenges of 2023/24. The expert raised his earnings forecasts (EPS) for 2024 and 2025./edh/gl

Publication of the original study: 15.02.2024 / 06:01 / GMT First dissemination of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

-----------------------

dpa-AFX Broker - the Trader News from dpa-AFX

-----------------------