RHM.DE is trading at €1,226.60, up 4.7% after a sharp rebound driven by fresh analyst optimism and a key production milestone.

  • Citigroup upgraded Rheinmetall to Buy with a €1,408 price target, highlighting the recent defense-sector selloff as overdone.
  • The rally coincides with the start of production for the FV-014 system, providing investors with a clear company-specific catalyst for renewed buying interest.