{
  "id": 5293021,
  "title": "Deutsche Bank upgrades Legrand on data center growth, building recovery",
  "url": "https://urgent.news/2026/09/03/deutsche-bank-upgrades-legrand-on-data-center-growth-building-recovery",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-09-03T09:23:59.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/deutsche-bank-upgrades-legrand-on-data-center-growth-building-recovery-4887250"
  },
  "original_language": "en",
  "account": null,
  "summary": "Deutsche Bank has upgraded Legrand, the French electrical equipment maker, to a \"buy\" from \"hold,\" citing stronger organic growth dynamics. The bank raised its price target for Legrand shares to €160 from €150, noting that the company's data center business, which now accounts for 32% of group revenue, grew nearly 40% in 2025 and is expected to grow another 30% in 2026. Deutsche Bank expects management to upgrade its organic revenue growth guidance for 2025-30 to 5%-7% from 3%-5% at an upcoming Capital Markets Day.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}