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• November 25, 2024

  Deutsche Bank Research upgrades Deutsche Wohnen to 'Buy'

  FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has upgraded Vonovia subsidiary Deutsche Wohnen from "Hold" to "Buy" and raised its price target from €19 to €28. The company is entering the coming year with significantly better prospects than a year ago, wrote analyst Thomas Rothäusler in his outlook for the real estate industry published on Monday. Lower interest rates, robust credit markets, a recovery in transaction activity, and more stable returns are responsible. Against this backdrop, the expert feels very comfortable with his recently more optimistic industry assessment. He has a particularly positive assessment of the German residential real estate market – with Vonovia as a favorite./ag/zb

  Publication of the original study: November 25, 2024 / Time not specified in the study / GMT

  First distribution of the original study: November 25, 2024 / 05:01 / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.