Thales

HO: XPAR (FRA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	€963.00	Nvngn	Sfxsprp

Thales Earnings: Q3 2023 Results in Line With Consensus; FVE Maintained

Loredana Muharremi

Oct 31, 2023

Wide-moat Thales reported third-quarter 2023 results aligning with company-compiled consensus. Our fair value estimate is unchanged.

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