ZURICH (dpa-AFX Broker) - Swiss banking giant UBS has reduced its price target for Porsche AG from 44 to 42 euros, maintaining its "Neutral" rating. The harsh reality is likely to hit investors early this year, wrote Patrick Hummel in an automotive sector study released on Tuesday. Company outlooks could prove disappointing overall, leading to lower market expectations for 2026. In particular, the China business is expected to weigh on expectations for German carmakers, tire manufacturers are likely to face a challenging first half of the year, and suppliers are not expected to see any upside in profit margins./mis/men
Publication of the original study: 01/12/2026 / 21:40 / GMT
Initial distribution of the original study: 01/12/2026 / 21:40 / GMT
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