NEW YORK (dpa-AFX Broker) - The analyst firm Jefferies has upgraded Hochtief from "Hold" to "Buy" and raised its price target from 109 to 124 euros. Analyst Graham Hunt expects "hot earnings growth" from the construction group - alluding to the company's acronym "HOT". He wrote this in his study published on Monday. The Essen-based company is the best choice among the stocks he observes to bet on rising demand for data center capacities. They are number one worldwide in this area. High-tech infrastructure projects generally offer higher margins with lower risk./ag/zb

Publication of the original study: 23.06.2024 / 20:27 / ET

First distribution of the original study: 23.06.2024 / 20:27 / ET

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