PORSCHE : price target raised by Oddo BHF
Beyond 2024, the Group has clearly conveyed its confidence for 2025, counting on a strong acceleration in results with an expected return to the usual profitability standards", points out the analyst, who thus raises his scenario for 2024 and 2025.
"Porsche seems to us to present an interesting stock market configuration. Following the new guidance, we feel that the bad patch of 2024 has been largely ironed out, allowing us to look forward to a rebound in 2025", adds Oddo BHF.
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