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140 days

This stock doubled in the first quarter and is rallying to start the second — even as earnings expectations have declined - MarketWatch

1. Thyssenkrupp shares rose 10%, extending a 141% Q1 gain. 2. Analysts predict target price up to €5.16 by 2025. 3. Earnings expectations for 2023 decreased to €438 million. 4. Defensive spending reforms boost investor interest in Thyssenkrupp. 5. Marine division IPO could unlock value despite current revenue share.

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FAQ

Why Bullish?

Thyssenkrupp’s notable stock performance contrasts its previous 14-year underperformance, enticing investors.

How important is it?

The article underscores a significant stock rally and future potential driven by macroeconomic factors.

Why Short Term?

Immediate investor sentiment may fluctuate but could stabilize with defense spending developments.

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