Porsche SE shares have had their target price downgraded by UBS AG from 52 to 42 euros. The rating remains "Neutral."
The adjustment was made due to revised estimates for Volkswagen and Porsche AG following the release of the holding company's half-year figures.
In early trading, Porsche Automobil vz shares fell by 0.1 percent to EUR 39.88, suggesting a potential upside of 5.32 percent based on the new target price.
The stock has experienced a decline of 9.2 percent over the year 2024, with 38,940 shares changing hands so far.
The Q3 2024 balance sheet for Porsche Automobil vz is set to be released on November 13, 2024.