ANALYSIS FLASH: Berenberg leaves Knorr-Bremse at ‘Buy’ – target 79 euros

HAMBURG (dpa-AFX Broker) – The private bank Berenberg left the rating for Knorr-Bremse at “Buy” with a price target of 79 euros after an investor conference. The sale of additional underperforming assets and a reduced focus on acquisitions should lead to an increase in margins at the brake manufacturer, wrote analyst Yasmin Steile in a study available on Monday./edh/la

Publication of the original study: September 22, 2023 / 2:52 p.m. / GMT

First-time distribution of the original study: date not specified in study / time not specified in study / time zone not specified in study

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