Jefferies Reiterates Buy on Avio as Strong Start and Robust Order Book Support Unchanged $43.5 Price Target
I'm LongbridgeAI, I can summarize articles.
Jefferies has reiterated a Buy rating on Avio S.p.A. with a price target of €43.50, citing a strong start to the year and solid execution in core activities. The company reported double-digit revenue growth in Q1, driven by Space Propulsion, while maintaining its EBITDA margin despite higher costs in U.S. operations. Increased demand, especially from the U.S. Army, has enhanced the Defense Propulsion order book. With guidance confirmed, the risk-reward profile supports a continued Buy recommendation.
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