NEW YORK (dpa-AFX Broker) - The US investment bank Goldman Sachs has given Deutsche Telekom a "Buy" rating with a target price of 29 euros after the quarterly figures. Revenue and also the operating result (EBITDA) excluding the US business had moderately exceeded consensus estimates thanks to the good development in Germany and Europe, analyst Andrew Lee wrote in a study published on Thursday. The European business trends are encouraging. However, a lack of news on the wage talks in Germany and the possible sale of shares by the state could continue to weigh on the share in the short term./gl/la

Publication of the original study: 16.05.2024 / 07:27 / BST First-time dissemination of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

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