Stocks in Action: FUCHS, AXA, LPKF Laser, Lufthansa, and Inditex.
Reading Time: 4 minutes
Stock 1.) FUCHS - Lubricant manufacturer continues to benefit from pull-forward effects and raises annual forecast; Berenberg downgrades to Hold with a price target of €41, causing selling pressure! FUCHS presented a weaker performance on Monday after Berenberg lowered its rating from "Buy" to "Hold" and revised the price target down from €43.50 to €41.00. Although FUCHS's preliminary figures exceeded expectations and the annual targets were raised, analysts showed caution, attributing the unexpectedly strong earnings development mainly...
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