LONDON (dpa-AFX Broker) - The British investment bank Barclays has raised its price target for Traton by almost half from 26 to 38 euros and left the rating at "Overweight". The figures for 2023 and the outlook for 2024 show that the commercial vehicle manufacturer is back on track, analyst Erwann Dagorne wrote in a study published on Tuesday. The valuation is attractive, but the parent company Volkswagen must now leverage the full value of Traton with strategic decisions./bek/edh

Publication of the original study: 11.03.2024 / 23:57 / GMT

First dissemination of the original study: 12.03.2024 / 04:00 / GMT

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