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Merril Lynch: Finmeccanica has good prospects in US market

Rome, Italy - Despite the loss of the tender for the Army's LUH

After the contract award for American Army light helicopters by EADS (see AVIONEWS for details), Merril Lynch confirms Finmeccanica target price at 20 Euros. According to the broker, Finmeccanica was not the favourite in the tender, but the growth prospects of the Italian Group in US market are still steady, with the 45-50% of chances to win contracts for CSAR, which will be announced in September,...

AVIONEWS - World Aeronautical Press Agency - 143874
Rome, Italy, 07/03/2006 15:34
AVIONEWS - World Aeronautical Press Agency

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