Deutsche Bank announced on Wednesday that it had raised its target price for Alstom from €25 to €26, following the release of the rail equipment manufacturer's third-quarter sales figures.

In a reaction note, the analyst - who has a buy recommendation on the stock - emphasizes that the publication was marked by solid sales momentum and robust sales growth.

The difficulties linked to the supply chain have been absorbed, the mix continues to improve, and the management team confirms its medium-term outlook", notes the intermediary, who has accordingly raised its earnings estimates for the French group by 1%.

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