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UBS raises target for Forvia to 10 euros - 'Neutral'
ZURICH (dpa-AFX Analyst) - Swiss bank UBS raised its price target for Forvia from 9 to 10 euros and maintained its rating at "neutral." Analyst David Lesne adjusted his estimates for the European auto supplier in his review of the reporting season published on Wednesday. The industry is on a roller coaster ride, and things could get worse before a potential bottom is reached. The tariff issue, in particular, could once again place a massive strain on market earnings expectations. Conti is Lesne's favorite./ag/men
Publication of the original study: March 19, 2025 / 4:11 a.m. / GMT
First distribution of the original study: March 19, 2025 / 4:11 a.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.