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Renk Shares Surge on BNP Paribas Upgrade, Easing Earnings Concerns

Investing.com •
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Shares of Renk Group jumped over 8% on Friday after BNP Paribas upgraded the German defense supplier to “outperform.” The upgrade eased investor worries about order timing and 2026 earnings. The broker cited management’s positive outlook ahead of the March 5 results, suggesting consensus forecasts remain achievable despite some contract delays.