HAMBURG (dpa-AFX Broker) - Analysts Warburg Research downgraded HHLA to "sell" from "hold" and cut its price target to 9 euros from 13 euros. The port operator's start to the new year is probably worse than expected, analyst Christian Cohrs wrote in a research report available Wednesday. Recent news, including from Hamburger Abendblatt, painted a very negative picture of the development of container throughput. The main reason for the weakness is likely to be the constellation of the weakening macroeconomic environment and an inventory correction./ck/mis

Publication of the original study: 01.03.2023 / 08:15 / CET

First dissemination of the original study: 01.03.2023 / time not specified in study / CET

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