Daiwa: Deutsche Bank (DB.US) Private Banking Business May be an Undervalued "Profit Engine," Raises Target Price to 29.5 Euros

According to the Wisdom Financial APP, Morgan Stanley issued a research report, raising the target price of Deutsche Bank (DB.US) European stocks from 29.2 euros to 29.5 euros, maintaining a "buy" rating. The report also pointed out that Deutsche Bank's private banking business is currently an undervalued core growth point in the market, with profit potential expected to exceed market consensus.