NEW YORK (dpa-AFX Broker) - The US investment bank Goldman Sachs downgraded Mercedes-Benz from "Buy" to "Neutral" and lowered the target price from 63 to 59 euros. The uncertainty regarding sales in the Stuttgart-based company's top luxury segment suggests a pause, wrote George Galliers in his analysis on Tuesday. The earnings trend in the passenger car business is currently negative anyway. However, the Capital Markets Day in February offers the opportunity for a reclassification./ag/bek

Publication of the original study: 14.01.2025 / 05:05 / GMT

First dissemination of the original study: Date not stated in the study / Time not stated in the study / Time zone not stated in the study

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