BMW downgraded to Hold from Buy at Berenberg
The Fly

BMW downgraded to Hold from Buy at Berenberg

Berenberg analyst Adrian Yanoshik downgraded BMW to Hold from Buy with a EUR 95 price target. Affordability and demand concerns are higher for auto makers in 2023, the analyst tells investors in a research note. The analyst cites valuation for the downgrade of BMW.

Published first on TheFly

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