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Volkswagen (0P6O) Gets a Hold from Bernstein

Tipranks - Tipranks - Sat Jul 25, 5:10AM CDT

Bernstein analyst Stephen Reitman maintained a Hold rating on Volkswagen today and set a price target of €100.00.

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According to TipRanks, Reitman is a 2-star analyst with an average return of 0.0% and a 36.77% success rate. Reitman covers the Consumer Cyclical sector, focusing on stocks such as Ferrari, Bayerische Motoren Werke Aktiengesellschaft, and Mercedes-Benz Group.

In addition to Bernstein, Volkswagen also received a Hold from J.P. Morgan’s Jose Asumendi in a report issued today. However, on the same day, Jefferies maintained a Buy rating on Volkswagen (LSE: 0P6O).

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Based on Volkswagen’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of €75.66 billion and a net profit of €1.44 billion. In comparison, last year the company earned a revenue of €77.56 billion and had a net profit of €1.98 billion

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