NEW YORK (dpa-AFX Broker) - The US bank JPMorgan has reduced its price target for Teamviewer from 14.00 to 13.50 euros in view of slightly lower estimates. However, analyst Toby Ogg raised his vote for the software company's shares from "Underweight" to "Neutral" following the quarterly figures. In view of significant share price losses in the year to date, the risks have decreased considerably, he wrote in a study published on Wednesday. And with regard to billings and margins, the second half of the year will be decisive for the financial year anyway./ag/edh

Publication of the original study: 07.05.2024 / 19:25 / BST

First dissemination of the original study: 08.05.2024 / 00:15 / BST

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