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Goldman Sachs Sticks to Its Buy Rating for Knorr-Bremse AG (KBX)

Tipranks - Tipranks - Thu Feb 26, 1:24AM CST

In a report released today, Daniela Costa from Goldman Sachs reiterated a Buy rating on Knorr-Bremse AG, with a price target of €131.00.

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According to TipRanks, Costa is a 5-star analyst with an average return of 10.6% and a 65.66% success rate. Costa covers the Industrials sector, focusing on stocks such as TRATON SE, Daimler Truck Holding AG, and LEGRAND.

In addition to Goldman Sachs, Knorr-Bremse AG also received a Buy from UBS’s Sven Weier in a report issued on February 23. However, today, Citi maintained a Hold rating on Knorr-Bremse AG (XETRA: KBX).

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Based on Knorr-Bremse AG’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of €1.88 billion and a net profit of €143 million. In comparison, last year the company earned a revenue of €1.91 billion and had a net profit of €129.94 million

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