NEW YORK (dpa-AFX) - U.S. bank JPMorgan left its rating for Gea at "Underweight" with a price target of 33.40 euros. Analyst Akash Gupta adjusted his valuation model and his forecasts for the plant engineering company primarily to recent exchange rate developments. In doing so, he reduced his earnings estimates (Ebitda before restructuring costs) for 2023 and 2024, the expert wrote in a study available on Tuesday./edh/tih

Publication of the original study: 09.01.2023 / 19:32 / GMT First disclosure of the original study: 10.01.2023 / 00:15 / GMT

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