2D·

JPMORGAN upgrades Mercedes-Benz Group to 'Overweight

$MBG (-0.34%)

NEW YORK (dpa-AFX Analyst) - The US bank JPMorgan has left its rating for Mercedes-Benz at "Overweight" with a target price of 68 euros after the Shanghai Auto Show. The product highlights presented at the show should contribute to higher margins for the carmaker in the medium term, wrote analyst Jose Asumendi in a study published on Tuesday./edh/ck$

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4 Comments

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In times of capital flight from US stocks, such a recommendation can attract a bit of capital.
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@TomTurboInvest
And a little cheaper than Tesla in terms of valuation 🙈😂
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@Tenbagger2024 and pays a divi of >8% at the current share price, that should work 🙄
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@TomTurboInvest
Yes in May
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