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Mercedes-Benz downgraded to Neutral from Buy at Goldman Sachs

Mercedes-Benz downgraded to Neutral from Buy at Goldman Sachs

Goldman Sachs analyst George Galliers downgraded Mercedes-Benz (MBGYY) to Neutral from Buy with a EUR 59 price target The firm cites uncertainty around the development of the company’s top-end luxury vehicle sales for the downgrade.

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