Aid decision remains undecided by the Commission.
Deutsche Telekom, the German telecommunications giant, is currently enjoying a positive outlook from analysts, as suggested by medium- to long-term estimates.
According to recent reports, the most optimistic analyst for Deutsche Telekom is JP Morgan Chase & Co., who has set a price target of 43.50 euros for the company. Other analysts, such as Deutsche Bank AG, Bernstein Research, and Joh. Berenberg, Gossler & Co. KG (Berenberg Bank), have also set targets above the 36.10 euros mark, with Deutsche Bank AG setting a target of 41.00 euros, Bernstein Research at 40.00 euros, and Berenberg Bank at 37.20 euros.
DZ Bank has recently reaffirmed its bullish stance on Deutsche Telekom, doubling down on its buy recommendation. JPMorgan, for its part, continues to remain positively inclined, maintaining an "Overweight" rating for the company. Bernstein Research, on the other hand, has maintained a "Outperform" rating for Deutsche Telekom.
UBS, another notable analyst, sees further upside potential for Deutsche Telekom, setting a price target of 36.10 euros for the company. However, there is a risk of a drop below the April low, which could trigger new downward momentum.
Investors should keep an eye on support levels to gauge the company's performance and potential for recovery. As always, it is essential to conduct thorough research and consider all factors before making investment decisions.
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