NEW YORK (dpa-AFX Broker) - The analyst firm Jefferies has rated Bayer a "Hold" with a target price of 29 euros. The fact that an appeals court in the USA has overturned a ruling in the case of the chemical PCB with a fine of 185 million US dollars against the subsidiary Monsanto is an important victory for the German agrochemical and pharmaceutical company, analyst Charlie Bentley wrote in an initial reaction on Thursday. The ruling is likely to call into question the negative court decisions against Bayer in other cases, for which Bayer has been sentenced to pay fines totaling more than one billion dollars./gl/la

Publication of the original study: 02.05.2024 / 01:42 / ET First disclosure of the original study: 02.05.2024 / 01:42 / ET

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