NEW YORK (dpa-AFX Broker) - The analyst firm Jefferies has lowered its price target for Salzgitter AG from 27 to 26 euros after the first quarter figures, but left its rating at "Hold". Analyst Cole Hathorn took the lowered outlook into account in his estimates in a review published on Tuesday. The recovery in European steel demand originally expected for the second half of the year will probably not begin until the fourth quarter./tih/ag

Publication of the original study: 20.05.2024 / 08:30 / ET

First dissemination of the original study: 20.05.2024 / 19:00 / ET

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