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ubs lowers target price for porsche shares while maintaining neutral rating
UBS AG has maintained a "Neutral" rating for Porsche Automobil vz shares while lowering the target price from €52 to €42, citing revised estimates for Volkswagen and Porsche AG. As of 10:02 a.m., shares fell 0.1% to €39.88, indicating a potential upside of 5.32%. The stock has declined by 9.2% in 2024, with Q3 2024 results expected on November 13, 2024.
ubs lowers porsche se target price to 42 euros maintains neutral rating
UBS has reduced its target price for Porsche SE from 52 to 42 euros while maintaining a "Neutral" rating. Analyst Patrick Hummel cited revised estimates for Volkswagen and Porsche AG, along with new projections for Porsche SE following the company's half-year results. As of October 22, Porsche SE shares were trading at approximately 39.77 euros, reflecting a 0.40% decline.
UBS lowers Porsche SE target price to 42 euros maintains neutral rating
UBS has reduced its target price for Porsche SE from 52 to 42 euros while maintaining a "Neutral" rating. Analyst Patrick Hummel cited revised estimates for Volkswagen and Porsche AG, along with new projections for Porsche SE following the company's half-year results.
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