LONDON (dpa-AFX Broker) - U.K. investment bank Barclays downgraded Auto1 to "Equal Weight" from "Overweight" and cut its price target to 8.80 euros from 11.50 euros. Analyst Andrew Ross worries that the online used car retailer's growth could cool significantly in 2023, in a research note available Monday. While he still expects the operating break-even point to be reached in the fourth quarter, it is likely to take some time before attractive growth is achieved again. According to the expert, there are therefore no reasons for a higher revaluation of the papers./tih/ajx

Publication of the original study: 27.01.2023 / 16:59 / GMT

First circulation of the original study: 30.01.2023 / 05:10 / GMT

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