Morgan Stanley Sticks to Their Buy Rating for Knorr-Bremse AG (KBX)
Morgan Stanley analyst Claire Liu maintained a Buy rating on Knorr-Bremse AG today and set a price target of €112.00.
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In addition to Morgan Stanley, Knorr-Bremse AG also received a Buy from Goldman Sachs’s Daniela Costa in a report issued on February 25. However, on the same day, Citi maintained a Hold rating on Knorr-Bremse AG (XETRA: KBX).
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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- Knorr-Bremse price target raised to EUR 112 from EUR 107 at Morgan Stanley
- Knorr-Bremse added to European Conviction List at Goldman Sachs
- Knorr-Bremse price target raised to EUR 116 from EUR 103 at Citi
- Knorr-Bremse price target raised to EUR 131 from EUR 115 at Goldman Sachs
- Knorr-Bremse price target raised to EUR 123 from EUR 99 at UBS
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