Dürr AG: Comeback of the Cyclicals - Bernstein Raises its Price Target After Announced Divestment of Environmental Technology Business!

After the panic in early April, many European cyclicals are experiencing recovery movements. The attractive valuations and in some cases high dividend yields, combined with demand stabilizations or even new growth prospects, are being rewarded. In this context, Dürr AG has also been rediscovered. On July 8, Bernstein Research raised the price target for Dürr from €38 to €41 ahead of the expected Q2 figures on August 7. The rating was maintained at Outperform. One reason for the price target increase mentioned by the analyst was the announced...