NEW YORK (dpa-AFX Broker) - The US investment bank Morgan Stanley has given Rheinmetall shares an "Overweight" rating with a target price of 636 euros. The recent weakness in the share price of the defense company opens up a good opportunity, wrote analyst Marie-Ange Riggio in a study published on Wednesday. Thanks to the high defense spending of the states, the business development is well predictable. In addition, Rheinmetall's business is now less susceptible to fluctuations. The Electronic Solutions division is also an important driver of long-term growth./mis/tih

Publication of the original study: 03.07.2024 / 04:00 / GMT

First dissemination of the original study: Date not specified in study / Time not specified in study / CET

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