Analyst Reiterates Buy on Avio, Maintains €42 Price Target After Solid Q1, Strong Cash Generation and U.S. Expansion Progress
I'm LongbridgeAI, I can summarize articles.
Intermonte analyst Carlo Maritano has reiterated a Buy rating on Avio S.p.A. with a price target of €42.00, citing solid Q1 performance, strong cash generation, and progress in U.S. expansion. The company exceeded revenue and EBITDA expectations, supported by the Vega and Ariane 6 programs, and has a €2.1bn order backlog. Maritano notes that geopolitical tensions may increase demand for missiles and solid rocket motors, reinforcing his positive outlook. Jefferies also maintains a Buy rating with a €43.50 target.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments