Citi upgraded Porsche (POAHY) to Buy from Neutral with an EUR 85 price target The firm says the company’s fiscal 2025 and 2026 will see peak new model demand and profitability with volume, mix, and pricing all improving off a very low fiscal 2024 base, more than offsetting incremental China risks. It thinks this can lift the stock’s valuation.
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Read More on POAHY:
- Porsche downgraded to Underweight from Equal Weight at Barclays
- Porsche downgraded to Hold from Buy at Stifel
- Porsche price target lowered to EUR 70 from EUR 80 at Barclays
- Porsche price target lowered to EUR 83 from EUR 109 at Berenberg
- Porsche price target lowered to EUR 75 from EUR 78 at Citi
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