Article

Deutsche Bank has raised its price target for Wartsila Oyj Abp to EUR29 from EUR25, maintaining a Hold rating ahead of the company's Q4 results on February 4. The bank anticipates a 9% year-on-year organic decline in group orders to EUR2.1 billion, while projecting revenues to rise 9% to EUR2.0 billion, with an adjusted EBIT estimate of EUR240 million, slightly above consensus expectations. Wartsila's continued growth in the marine segment is expected, although variability may arise from energy projects and related orders.