Morgan Stanley Boosts Rheinmetall Price Target Ami…
From Financial Modeling Prep: 2025-03-19 06:40:00
Morgan Stanley raised Rheinmetall’s price target to €2,000 from €1,300 due to European defense spending growth. A “blue-sky” scenario predicts a €3,000 stock value if defense budgets reach 3% of GDP. Rheinmetall may double production capacity by 2030 with increased spending, boosting market share and revenue. U.S. competitors’ limitations benefit European defense firms like Rheinmetall. The defense sector’s growth potential makes Rheinmetall an attractive investment for long-term growth.
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