Barclays Downgrades Porsche, Mercedes-Benz, and Stellantis

Reported 3 months ago

Barclays has downgraded shares of Porsche, Mercedes-Benz, and Stellantis due to margin pressures and increasing competition. Mercedes and Stellantis have been moved to an Equal Weight rating, while Porsche has been downgraded to Underweight. This decision has put pressure on the stocks of these automotive companies.

You may also interested in these wikis

Robinhood: The Ideal Stock for Trump's Supporters, Says Analyst

Honda and Nissan Explore Mutual Vehicle Production

Traders Anticipate RBI's Response as Rupee Falls Below 85

Unexpectedly Low Inflation Rates in November May Impact Fed Policies

Traders Withdraw Expectations of BOE Rate Cuts Before Key Decision

Chairman Michael Saylor Endorses Riot Platforms as It Doubles in Value

CarMax Achieves First Sales Increase in Two Years, Driving Share Price Up

Stock Market Recovers as Dow, S&P 500, and Nasdaq React to Fed's Rate Outlook

Bank of England Holds Interest Rates Amid Economic Uncertainty

November PCE Report and Market Reactions Amid Government Shutdown Concerns

Back to all Wikis