Azimut rises on Deutsche Bank upgrade
UCapital24 Media
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Azimut rises after Deutsche Bank upgrade
Positive session for Azimut on the Milan Stock Exchange. The asset management group, part of the FTSE MIB, gained ground after Deutsche Bank upgraded its rating from “Hold” to “Buy” and raised the target price from €28.5 to €35 per share.
In early trading, Azimut stood at €28.27, up 1.80%. The bullish trend is expected to continue, with resistance levels at €28.59 and €29.14, and support at €28.04