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Goldman Sachs Sticks to Their Hold Rating for Volkswagen (0P6O)
Goldman Sachs analyst Christian Frenes maintained a Hold rating on Volkswagen today and set a price target of €97.00.
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Frenes covers the Consumer Cyclical sector, focusing on stocks such as Mercedes-Benz Group, Stellantis, and Ferrari. According to TipRanks, Frenes has an average return of 1.5% and a 55.56% success rate on recommended stocks.
In addition to Goldman Sachs, Volkswagen also received a Hold from Bernstein’s Stephen Reitman in a report issued on April 15. However, today, Berenberg Bank maintained a Buy rating on Volkswagen (LSE: 0P6O).
The company has a one-year high of €109.15 and a one-year low of €83.24. Currently, Volkswagen has an average volume of 917.8K.
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- Midday Fly By: BofA, Morgan Stanley beat expectations in Q1
- Volkswagen prepares for more competition in China as market slows, Reuters says
- Volkswagen reports 2.05M vehicles delivered globally in Q1
- Volkswagen price target lowered to EUR 90 from EUR 92 at UBS
- Uber, MOIA America test autonomous ID. Buzz vehicles in Los Angeles
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