Deutsche Bank has Daimler
after a conversation with the CFO of the carmaker upgraded from “Hold” to “Buy” and raised the target price from 35 to 50 euros. In a study available on Monday, analyst Tim Rokossa was impressed by the development of cash and cost management. The market reactions after the recent investor event were even more positive than before. The momentum may continue to pick up with restructuring and strategy announcements in the second half of the year ./ajx/edh

Publication of the original study: 26.07.2020 / time of day not specified in the study / GMT First transmission of the original study: 26.07.2020 / 16:01 / GMT

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