Citigroup upgrades MTU Aero Engines to Buy as company delivers first A321 XLR
Based on · First reported
Sources
- Citigroup changed its rating for MTU Aero Engines from Sell to Buy on 24 September, with the stock trading at €369.80 in German markets and up 8.3 % over the past 30 days, though still 8.6 % below its 52‑week high.
- On the same day MTU delivered the first Airbus A321 XLR equipped with its GTF‑Advantage engine to United Airlines, a version that provides 4 % to 8 % more thrust than the previous model.
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