Milan: Leonardo well in the green
(Teleborsa) - The Italian Holding operating in the aeronautics sector puts in a decidedly bullish performance, gaining +3.77%.
A comparison of the security and the FTSE MIB index on a weekly basis shows the greater relative strength of Leonardo, confirming a better performance for the security in comparison to the related index.
At present, the short-term scenario for the Italian contractor in the defense sector anticipates a sharp rise towards a target price of 23.72 Euros. In the case of a healthy temporary correction the most immediate target would be the 22.94 level. However, we expect prices to climb to the 24.5 high.
These analyses are to be considered solely for information purposes and are not in any way intended to constitute financial advice, a solicitation of funds from the public or the promotion of any form of investment.
(Teleborsa Research Department)
(Teleborsa) 11-06-2024 12:30 PM
A comparison of the security and the FTSE MIB index on a weekly basis shows the greater relative strength of Leonardo, confirming a better performance for the security in comparison to the related index.
At present, the short-term scenario for the Italian contractor in the defense sector anticipates a sharp rise towards a target price of 23.72 Euros. In the case of a healthy temporary correction the most immediate target would be the 22.94 level. However, we expect prices to climb to the 24.5 high.
These analyses are to be considered solely for information purposes and are not in any way intended to constitute financial advice, a solicitation of funds from the public or the promotion of any form of investment.
(Teleborsa Research Department)
(Teleborsa) 11-06-2024 12:30 PM