Porsche AG has been downgraded by UBS from "Buy" to "Neutral," with a significant reduction in its target price from 87 euros to 61 euros.
The previous buy recommendation is losing momentum, indicating a shift in market sentiment. Concerns are growing about the outlook for 2025, as the luxury valuation narrative is becoming increasingly uncertain.
This change reflects a broader reassessment of Porsche's market position and future performance potential.