RBC Capital analyst Tom Narayan lowered the firm’s price target on Mercedes-Benz to EUR 85 from EUR 88 and keeps an Outperform rating on the shares.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on MBGYY:
- Mercedes-Benz downgraded to Hold from Buy at Stifel
- Mercedes-Benz downgraded to Underperform from Neutral at Oddo BHF
- German automakers trying to catch up as EV race heats up, Barron’s says
- Qualcomm to supply Mercedes, BMW with chips for displays
- Here’s Why Tesla (NASDAQ:TSLA) Could Win Millions in Federal Grants