Bucking the trend in Paris, OPmobility is down 1% on the back of comments from Oddo BHF, which, while reaffirming its 'outperform' rating, has lowered its target price for the automotive equipment supplier from €14 to €12 in a sector note.

The forthcoming publication season is unlikely to significantly improve sentiment around OEMs", warns the analyst, acknowledging that while OPmobility is relatively better positioned, it is not immune to the worsening environment.

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