A surprisingly significant drop in sales and profits in the first quarter caused Porsche AG s share price to fall on Monday. Around midday, the shares of the sports car manufacturer lost 2.5 percent.
In a research note, Bernstein analyst Stephen Reitman has maintained his recommendation on the stock with a Neutral rating. The target price remains set at EUR 110.
The shares of VW s sports car subsidiary Porsche AG, which had rallied the day before, went downhill again on Wednesday. In the morning, they were the weakest DAX stock, losing a good three percent.
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Ferrari N.V. (NYSE:RACE) Q2 2023 Earnings Call Transcript August 2, 2023 Ferrari N.V. misses on earnings expectations. Reported EPS is $1.45 EPS, expectations were $1.77. Operator: Good day and thank you for standing by, and welcome to Ferrari 2023 Q2 Results Conference Call. At this time, all participants are in a listen-only mode. After the […]