WARBURG RESEARCH: Mercedes-Benz Group (formerly Daimler) “buy”

WARBURG RESEARCH: Mercedes-Benz Group (formerly Daimler) “buy”

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Thursday, 07/14/22 10:35

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20220714 – HAMBURG (dpa-AFX Analyzer) – Analysis house Warburg Research has reduced the price target for Mercedes-Benz from 99 to 95 euros, but left the rating on “Buy”. As analyst Marc-Rene Tonn wrote in a study found on Thursday, he expects the car manufacturer to have a strong second quarter – despite rising costs and weak sales in China. The target price is slightly lower due to revised assumptions./tav/mis Original research publication: 07/14/2022 / 08:15 / CEST First distribution of original research: Unspecified date / unspecified time / CEST Note : Information on the disclosure obligation in case of conflicts of interest within the meaning of Article 85 (1) WpHG, Art. 20 VO (EU) 596/2014 for the said analysis company can be found at http://web. .dpa-afx.de/offenlegungspflicht/offenlegungs_obligation.html .

Source: dpa-AFX Analyzer

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