HAMBURG (dpa-AFX Broker) - The private bank Berenberg has lowered its target price for Volkswagen from 115 to 112 euros, but left its rating at "Buy". In response to the figures for the third quarter, he has revised his valuation model for the carmaker, analyst Romain Gourvil wrote in a study published on Friday. This results in a moderate reduction in his earnings forecasts for 2024 and 2025. The focus is now on the restructuring of the Group./edh/mis

Publication of the original study: 31.10.2024 / 17:28 / GMT

First-time dissemination of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

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