EU Defense Budget Increase Fuels Optimism for Leonardo's Future

Sunday, 3 March 2024, 16:04

The EU's decision to raise its defense budget has significant implications for Leonardo, signaling potential positive changes. Leonardo, currently undervalued compared to other EU defense players, could see a boost in trading valuation. Considering these factors, investing in FINMF stock appears promising with a buy recommendation.
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EU Defense Budget Increase Fuels Optimism for Leonardo's Future

Leonardo: A Higher EU Defense Budget Means An Overweight

Leonardo trades at a discount versus EU defense players. The new strategic plan might reduce this ongoing valuation discrepancy. Read why I rate FINMF stock a buy.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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