Exane BNP Paribas analyst William Packer downgraded Auto1 Group to Neutral from Outperform with a EUR 9.30 price target. The European media group performed "broadly in line with a weak market" in 2022 and with macro uncertainty elevated and interest rate expectations stabilizing he sees stock picking as "key in a very diverse sector" in 2023, Packer tells investors.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on ATOGF: