NEW YORK (dpa-AFX Broker) - Analyst firm Jefferies has upgraded BASF from "Hold" to "Buy" and raised its price target from 43 to 53 euros. Analyst Chris Counihan made numerous changes in his 2025 outlook for the chemical sector on Tuesday. According to the expert, the outlook for broad-based companies such as BASF has improved for the first time in three years. At the Ludwigshafen-based company, the gradual emergence of the Verbund is the biggest change in strategy for more than a decade./ag/ajx

Publication of the original study: 12.11.2024 / 11:50 / ET

First dissemination of the original study: 12.11.2024 / 19:00 / ET

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