U.S. investment bank Goldman Sachs downgraded Varta to Sell from Neutral and halved its price target to 15 euros from 30 euros. The battery maker continues to struggle with overcapacity for its main. | May 24, 2023
Shares of Varta have laboriously stabilized on Monday after the quarterly report at the lowest level since 2018. After a weaker start at 19.10 euros, the papers of the battery manufacturer turned. | May 15, 2023
Initially Neutral on the company, Goldman Sachs s analyst Philipp Konig maintained his recommendation. The target price is unchanged and still at EUR 30. | May 15, 2023