BAE Systems stock: Deutsche Bank downgrade puts shipbuilding margins back in focus
BAE Systems shares rose 0.34% to 2,079 pence in early London trading Wednesday, rebounding after Deutsche Bank downgraded the stock and cut its price target. The bank cited weaker Maritime margins and flagged lower-than-expected free cash flow. Investors await BAE’s Feb. 18 results for updates on 2026 margins and cash flow.