NEW YORK (dpa-AFX Broker) - The analyst firm Jefferies has raised its target price for Porsche AG from 80 to 85 euros and left its rating at "Hold". The sports car manufacturer delivers quality instead of quantity, wrote analyst Philippe Houchois in a study published on Monday. The figures therefore overshadowed a relatively poor margin outlook. He is keeping his estimates at the upper end of the target range. In the debate, the appropriate valuation of Porsche AG remains between Ferrari and Mercedes-Benz./tih/la

Publication of the original study: 16.03.2024 / 23:47 / ET

First publication of the original study: 16.03.2024 / 23:47 / ET

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