HAMBURG (dpa-AFX) - The analyst firm Warburg Research has left its rating for Varta at "Sell" with a target price of 8 euros in view of the reduced annual targets. In view of the cyberattack in the first quarter and the difficult market environment, especially in the Energy Solutions segment, the battery manufacturer's gloomy sales outlook was not surprising, analyst Robert-Jan van der Horst wrote in a study published on Friday. As his forecast was already at the lower end of the adjusted target range, he is sticking to it./edh/gl

Publication of the original study: 21.06.2024 / 08:15 / CEST First dissemination of the original study: Date not specified in study / Time not specified in study / CEST

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