BASF upgraded to Buy at Deutsche Bank, expected to benefit from Middle East conflict.

Tuesday, Mar 24, 2026 3:43 pm ET1min read
DB--

BASF, the world's largest chemicals producer, has been upgraded to Buy from Hold by Deutsche Bank with a €55 price target. The analyst believes the company will see net benefits from the Middle East conflict, with increasing spreads. This has led to a 3.3% increase in BASF's stock price in Tuesday's trading.

BASF upgraded to Buy at Deutsche Bank, expected to benefit from Middle East conflict.

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