JPMorgan lowered the firm’s price target on Mercedes-Benz to EUR 68 from EUR 78 and keeps an Overweight rating on the shares.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MBGYY:
- Mercedes-Benz price target lowered to EUR 79 from EUR 87 at RBC Capital
- Mercedes-Benz price target lowered to EUR 105 from EUR 125 at Deutsche Bank
- Mercedes-Benz adjusts earnings outlook for further macro ‘deterioration’
- EU new car registrations down 18.3% in August
- EU carmakers risk ‘billions of euros’ in emissions fines, FT reports