Wacker Neuson: Commerzbank's upgrade and 32 euro target

Wacker Neuson SE

27/04/2021 15:43

** Construction machines maker Wacker Neuson's  WACGn.DE 
shares get a late afternoon uplift from Commerzbank's upbeat
commentary
    ** Commerzbank raises the stock to "buy" from "hold"; PT
more than doubled to 32 euros, a whopping 46% above current
price and 36% above median target price among analysts,
according to Refinitiv data
    ** The German bank says co's recent earnings update and
mid-term strategies point to sustained demand recovery and
strong earnings

 (Thyagaraju Adinarayan)
 ((thyagaraju.adinarayan@tr.com; Twitter @thyagu))