ubs lowers porsche se target price to 42 euros maintains neutral rating

UBS has lowered its target price for Porsche SE to 42 euros from 52 euros, while keeping a "Neutral" rating.

The adjustment was made by analyst Patrick Hummel based on revised estimates for Volkswagen and Porsche AG, as well as new projections for Porsche SE following the holding company's half-year results.

This information was published in a study on October 21, 2024.

Porsche SE shares are currently trading at around 39.77 euros, which is a 0.40% decrease from the previous day.

The stock has experienced fluctuations, reaching a high of 52.32 euros and a low of 37.47 euros in the past year.

Trading activity has been observed on various exchanges, including Tradegate and Nasdaq OTC, with slight variations in share prices.

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