Deutsche Post upgraded to Outperform from Market Perform at Bernstein

Bernstein upgraded Deutsche Post to Outperform from Market Perform with a EUR 48 price target. The company has been weighed down for the past year and a half by an inventory correction, as pandemic-era orders met with a decline in final demand, but this looks to be coming to an end, removing an important overhang on the shares, the analyst tells investors in a research note.