Berenberg lowered the firm’s price target on Mercedes-Benz (MBGYY) to EUR 58 from EUR 63 and keeps a Hold rating on the shares.
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Read More on MBGYY:
- UK near trade pact with U.S. with breaks for cars and steel, FT says
- European, Asian automakers face steep shipping costs to U.S., FT reports
- Mercedes-Benz price target lowered to EUR 52 from EUR 54 at Citi
- 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