JPMorgan analyst Jose Asumendi lowered the firm’s price target on Porsche (POAHY) to EUR 64 from EUR 78 and keeps an Overweight rating on the shares.
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- Porsche cuts sales forecast on slower ramp-up of electromobility
- Porsche price target lowered to EUR 38 from EUR 65 at Morgan Stanley
- Porsche price target lowered to EUR 55 from EUR 70 at Deutsche Bank
- Porsche price target lowered to EUR 78 from EUR 93 at JPMorgan
- Porsche price target lowered to EUR 60 from EUR 65 at Citi