FRANKFURT (dpa-AFX Broker) - The investment bank Stifel has upgraded BASF from "Hold" to "Buy" and raised its price target from 47 to 59 euros. Analyst Andreas Heine thus takes into account the earnings potential in 2025, as he wrote in a study published on Monday. Negative news such as BASF's cautious forecast for 2024 and still difficult conditions for business in the first quarter would now be reflected in the share price. From now on, the expert expects gradual and steady signals of improvement./ajx/mis

Publication of the original study: 25.02.2024 / 17:04 / EST First transmission of the original study: 26.02.2024 / 01:00 / EST

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