UBS maintains buy rating for Porsche AG despite disappointing quarterly results

Porsche AG has received a "Buy" rating from UBS, with a target price of 87 euros. The company's third-quarter figures have led to some concerns about its financial outlook for the upcoming year, particularly regarding the operating profit margin.

The report suggests that market expectations for Porsche's earnings per share in 2025 may decline due to a less favorable economic environment for the sports car manufacturer. Analyst Patrick Hummel has noted a slight disappointment in this area. The analysis, published on October 25, 2024, highlights the challenges Porsche faces in meeting investor expectations in a changing market landscape.

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