NEW YORK (dpa-AFX Broker) - The US bank JPMorgan has lowered its price target for Scout24 from EUR 72 to EUR 67 ahead of the figures and the Capital Markets Day on February 28 and left the rating at "Neutral". At the investor event, interest is likely to focus on the outlook for 2024, analyst Marcus Diebel wrote in a study published on Wednesday. Overall, he expects reassuring messages from the management of the online portal operator, but sees little upside potential for the earnings outlook in view of the persistently difficult environment for real estate agents. The expert has lowered his earnings forecasts (EBITDA) for 2024 and 2025./edh/zb

Publication of the original study: 20/02/2024 / 19:16 / GMT

First distribution of the original study: 21.02.2024 / 00:15 / GMT

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