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Knorr-Bremse AG (KBX) was downgraded to a Hold Rating at Warburg Research

Tipranks - Tipranks - Wed Jan 21, 5:36AM CST

Knorr-Bremse AG received a Hold rating and a €99.00 price target from Warburg Research analyst Fabio Holscher today.

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According to TipRanks, Holscher is a 4-star analyst with an average return of 7.6% and a 62.50% success rate. Holscher covers the Consumer Cyclical sector, focusing on stocks such as SAF-HOLLAND SE, Knorr-Bremse AG, and Volkswagen.

In addition to Warburg Research, Knorr-Bremse AG also received a Hold from J.P. Morgan’s Phil Buller in a report issued on January 13. However, today, UBS maintained a Buy rating on Knorr-Bremse AG (XETRA: KBX).

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Based on Knorr-Bremse AG’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of €1.88 billion and a net profit of €143 million. In comparison, last year the company earned a revenue of €1.91 billion and had a net profit of €129.94 million

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