NEW YORK (dpa-AFX Broker) - U.S. research firm Bernstein Research left the rating for Continental at "Market-Perform" with a target price of 60 euros. Although Chinese tire manufacturers have gained market share, they have not done so in the high-priced car segment, analyst Harry Martin wrote in a study available on Thursday. Tests, for example by the German ADAC, showed that Chinese tire manufacturers are technologically backward. Concerns that they could become serious competition for the established industry giants are probably exaggerated./bek/la
Publication of the original study: 15/01/2025 / 10:39 / UTC
Original study first shared: 16/01/2025 / 05:00 / UTC
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