European defence pullback creates attractive valuation as rearmament cycle remains early:
European A&D near record highs on short covering and defence spending:
StreetAccount Summary - Trading higher/lower: EU mid-morning
Thales upgraded to equal weight from underweight at Barclays (€245.90, 0.00)
Thales and Exail Technologies sign tender offer agreement (€124.70, 0.00)
Thales upgraded to buy from hold at Deutsche Bank (€236.40, 0.00)
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