Citi lowered the firm’s price target on Mercedes-Benz (MBGYY) to EUR 52 from EUR 54 and keeps a Neutral rating on the shares.
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Read More on MBGYY:
- Mercedes-Benz price target lowered to EUR 71 from EUR 73 at RBC Capital
- Mercedes-Benz says ‘not possible to reliably estimate’ impacts of tariffs
- Mercedes-Benz says demand is expected to remain ‘weak’ in automotive markets
- Mercedes-Benz reports Q1 EPS EUR 1.74 vs. EUR 2.86 last year
- White House shares order to avoid cumulative effect of overlapping auto tariffs