LONDON (dpa-AFX) - The British investment bank Barclays has raised its target price for Deutsche Telekom from 29.00 to 29.50 euros following the figures presented last Friday. The rating was left at "Overweight". Both the figures for the fourth quarter and the outlook for 2024 had missed expectations, analyst Mathieu Robilliard wrote in a study published on Tuesday. However, he expects the telecoms group to continue to grow strongly, which is not yet reflected in the share price. In the short term, a possible share placement by the federal government is a risk. However, Robilliard expects that such a share overhang could easily be absorbed, possibly by Telekom itself./ck/gl

Publication of the original study: 26.02.2024 / 19:18 / GMT First dissemination of the original study: 26.02.2024 / 19:22 / GMT

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