US EditionMercedes: Optimistic Market for Margins and Tariffs
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Tom Narayan, an analyst at RBC Capital Markets has reiterated his recommendation on weighing Mercedes with an objective price of 71.0 euros after sharing with the German directive a conference of analysts. Before the conference we had thought that the EBIT margins of cars in the second quarter would be within the expected range of 6-8% before tariffs, even with tariffs. As we understand it now, it is likely that the EBIT margins of Cars in the s…
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