UBS downgraded BASF to Neutral from Buy with a price target of EUR 48, down from EUR 51. BASF faces a challenging year ahead with downside to 2024 and 2025 EBITDA guidance, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BASFY: