tiprankstipranks
Daimler Truck price target raised to EUR 48 from EUR 44 at Morgan Stanley
The Fly

Daimler Truck price target raised to EUR 48 from EUR 44 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Daimler Truck (DTRUY) to EUR 48 from EUR 44 and keeps an Overweight rating on the shares. The firm thinks 2025 “presents a rising tide” for truck manufacturers, with improving freight conditions and upcoming emissions regulations driving upside. It prefers Daimler Truck due to its significant North America exposure but also upgraded Volvo.

Stay Ahead of the Market:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App