HAMBURG (dpa-AFX) - Analysts Warburg Research raised its price target for Ceconomy to 2.15 euros from 1.60 euros after the recent capital markets day and new medium-term targets, but left its rating at "hold." The announced strategic initiatives of the consumer electronics retailer made a comprehensible impression, analyst Thilo Kleibauer wrote in a study presented on Tuesday. However, the planned significant acceleration of margin-enhancing categories is very ambitious in his view./ck/ajx

Publication of the original study: 06.06.2023 / 08:15 / CEST

First disclosure of original study: Date not specified in study / Time not specified in study / CEST

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