UBS has reaffirmed its 'buy' recommendation on Wärtsilä, raising its target price from €15.9 to €21. This new target represents a 19% growth potential for the stock of the Finnish manufacturer of electric generators and boat motors.

In the summary of its research note, the broker explains that it considers that 'the market has not yet fully integrated the group's average annual sales growth rate of 8%, nor its 12% margin'.

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