NEW YORK (dpa-AFX Broker) - The US investment bank Goldman Sachs has raised its price target for Traton from 26.00 to 29.50 euros after an investor event on the first quarter and left its rating at "Neutral". Among the most important findings was that the truck market is normalizing from a high level, but that there is no threat of a prolonged downturn, analyst Daniela Costa wrote in a study published on Monday. She expects price stability in the industry and further margin potential for the Group brands MAN and Navistar as well as robust demand at Scania./edh/tih

Publication of the original study: 03.05.2024 / 17:42 / BST

First-time dissemination of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

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