HAMBURG (dpa-AFX) - The private bank Berenberg has raised its price target for Carl Zeiss Meditec from 90 to 105 euros, but left its rating at "Hold". The medical technology group surprised positively in the first quarter, analyst Sam England wrote in a study published on Monday. For this reason and due to the improved predictability that Carl Zeiss Meditec will achieve its operating profit (EBIT) target in the current financial year, he raised his estimates. However, the uncertain outlook in China is likely to continue to cause profit and share price fluctuations, and the share price has already risen by around half since its October lows./gl/ajx

Publication of the original study: 25.02.2024 / 15:41 / GMT First dissemination of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

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