Porsche SE has been downgraded by UBS from "Neutral" to "Sell," with a reduced target price of 32 euros, down from 42 euros.
The downgrade is based on lowered price targets for both Volkswagen and Porsche AG.
Porsche Holding, which holds significant stakes in both Volkswagen and Porsche AG, is facing refinancing pressure due to anticipated weaker dividend prospects from 2027.
Porsche SE shares were priced at 34.90 euros in the latest trading session, showing a slight increase of 0.69%.
The stock has experienced fluctuations, reaching a high of 52.32 euros and a low of 33.40 euros over the year.
Trading activity has been observed on various platforms, including Tradegate, where shares were last traded at 35.00 euros, up by 1.33%.
Other exchanges, such as Nasdaq OTC and Hamburg, have also reported positive movements in share prices, indicating a mixed market response to the downgrade.