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Deutsche Post upgraded to Buy from Neutral at Goldman Sachs
The Fly

Deutsche Post upgraded to Buy from Neutral at Goldman Sachs

Goldman Sachs analyst Patrick Creuset upgraded Deutsche Post to Buy from Neutral with a EUR 53 price target. The analyst says a cyclical inflection in the freight and industrial cycle, coupled with growth in cross-border e-commerce out of Asia, will drive a return to growth for Deutsche Post from mid-2024.

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