Jefferies assumed coverage of Daimler Truck with a Buy rating with a price target of EUR 55, up from EUR 43, as the analyst assumed coverage of six EU stocks across trucks and tires. EU truck equities have re-rated in 2024 on a better macro backdrop and resilient guidance and the firm argues “there is more to come,” the analyst tells investors.
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- Daimler Truck price target raised to EUR 56 from EUR 48 at JPMorgan
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- Daimler Truck upgraded to Buy from Hold at DZ Bank
- Daimler Truck price target raised to EUR 60 from EUR 50 at Deutsche Bank
