FRANKFURT (dpa-AFX Broker) - DZ Bank has raised the fair value for the Varta share from 15 to 17 euros, but left the rating at "sell". The battery group's figures for the third quarter had in part significantly exceeded market expectations, wrote analyst Michael Punzet in a study published on Thursday. The 2023 outlook is realistic from today's perspective. The 2024 sales forecast, on the other hand, still appears to be subject to risks, particularly in view of the current economic situation./ajx/la

Publication of the original study: 23.11.2023 / 11:50 / CET First dissemination of the original study: 23.11.2023 / 12:43 / CET

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