Rheinmetall downgraded: Berenberg cuts its target to €1,020
Berenberg moved Rheinmetall from Buy to Hold and cut its target from €1,600 to €1,020. Shares remain more than 50% below their high.
−50%below the share price high
Berenberg moved Rheinmetall from Buy to Hold and cut its target from €1,600 to €1,020. Shares remain more than 50% below their high.
Why it matters
It's the bellwether for European defense stocks.
What we don't know yet
This is a short desk note. The full story, with its open questions, is written as the news develops.
Note this down
Nov 5: Rheinmetall's next results.
SourcesInvesting.com ↗
Corrections: none so far.Written in plain words from public reporting. Not financial advice.That's your DefenseNote.
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