Goldman Sachs Names 2 European Stocks With 12-Month Upside Above 100%, Ceres Power at 168%

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According to Goldman Sachs, two European stocks received 12-month price targets with upside above 100% in its August picks. UK clean energy developer Ceres Power led with 168% projected upside, while German defense contractor Rheinmetall ranked second at 102%. Rheinmetall reported second-quarter revenue of 3.289 billion euros, up 69% year-over-year, with operating profit hitting 562 million euros against expectations of 470 million.
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