FRANKFURT (dpa-AFX Broker) - DZ Bank has downgraded Wacker Chemie from "hold" to "sell" and lowered the fair value from 120 to 92 euros per share. The preliminary figures for the final quarter of 2023 confirmed the weak operating trend of the previous quarter, analyst Peter Spengler wrote in a study published on Tuesday. Added to this is the decline in earnings expected for 2024. Spengler significantly lowered his earnings estimates for the years from 2024 onwards./gl/ajx

Publication of the original study: 30.01.2024 / 13:33 / CET First publication of the original study: 30.01.2024 / 13:38 / CET

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