HAMBURG (dpa-AFX Broker) - The private bank Berenberg has lowered its target price for Varta from 22 to 15 euros, but left its rating at "Hold". A possible deal with Porsche AG would not be a "game changer" for the battery group, analyst Yasmin Steilen wrote on Sunday in her commentary on the sports car manufacturer's interest in the electric car battery business. The Varta subsidiary V4Drive is still in its infancy./ag/edh

Publication of the original study: 07.07.2024 / 11:17 / GMT

First disclosure of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

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