ZURICH (dpa-AFX Broker) - The major Swiss bank UBS has raised its target price for Kion from 43 to 47 euros ahead of figures and left its rating at "Buy". A good fourth quarter seems to be priced into the shares, analyst Sven Weier wrote in a study published on Wednesday. More confidence is now needed in the margin target of 10 percent in order to unlock more potential. However, the expert slightly increased the valuation multiple used in his model./tih/jha/

Publication of the original study: 21.02.2024 / 05:43 / GMT

First dissemination of the original study: 21.02.2024 / 05:43 / GMT

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