FRANKFURT (dpa-AFX Broker) - Deutsche Bank Research left its rating on SMA Solar at "Hold" with a price target of 85 euros after raising its forecast. Even though the solar group has set its targets higher for the third time this year, investors should not get too excited, analyst Mengxian Sun warned in a research note presented on Thursday. Since orders were probably processed faster in the past quarter, it could only be a case of bringing forward sales and profits from the subsequent quarters into the third quarter of the year. In the current year, that could have a positive impact on profits but dampen the outlook for 2024./tav/la

Publication of the original study: Date not stated in study / Time not stated in study / CET

First disclosure of original study: 05.10.2023 / 06:45 / CET

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