UBS analyst Kseniia Maslova downgraded MTU Aero Engines to Neutral from Buy with a price target of EUR 230, down from EUR 270. While direct costs of the quality escape are likely limited, damage to customer experience may limit the company’s long-term market share and margin, the analyst tells investors in a research note.
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Read More on MTUAY:
- MTU Aero Engines price target lowered to EUR 237 from EUR 248 at Barclays
- MTU Aero Engines price target lowered to EUR 229 from EUR 260 at Deutsche Bank
- MTU Aero Engines upgraded to Neutral from Underperform at Exane BNP Paribas
- MTU Aero Engines price target raised to EUR 238 from EUR 237 at Goldman Sachs
- MTU Aero Engines price target raised to EUR 248 from EUR 239 at Barclays