LONDON (dpa-AFX Broker) - The British investment bank Barclays has raised its target price for Knorr-Bremse from 48 to 50 euros, but left its rating at "Underweight". The shares of the brake manufacturer are clearly overvalued, wrote analyst Vladimir Sergievskiy in a study published on Tuesday. Business in the rail sector improved moderately. However, there are signs of a cyclical downturn in the commercial vehicle market, which is likely to partially negate the company's self-help potential./gl/la

Publication of the original study: 13.05.2024 / 12:23 / GMT First dissemination of the original study: 14.05.2024 / 04:10 / GMT

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