UBS downgraded Mercedes-Benz (MBGYY) to Neutral from Buy with a price target of EUR 55, down from EUR 72. The firm expects the company to pull costs, capacity, capex levers to reverse the negative margin trend, but says a 6%-8% cars margin “might be as good as it gets” in 2025 and 2026.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MBGYY:
- Mercedes-Benz downgraded to Underweight from Equal Weight at Barclays
- Tariffs could push auto prices out of U.S. consumers’ reach, says Morgan Stanley
- Automakers slide after Trump threatens 25% tariff on Mexico, Canada
- California to restart ZEV rebate if federal credit eliminated, may exclude Tesla
- Charged: Tesla settles technology theft suit with Rivian