Deutsche Bank cuts Schaeffler stock rating to hold ahead of earnings results
Deutsche Bank (ETR:DBKGn) analyst lowered the stock rating for Schaeffler AG (ETR:SHA_p) (SHA:GR) (OTC: SFFLY) from "Buy" to "Hold," also reducing the price target from EUR6.00 to EUR4.50. This adjustment came after Schaeffler AG issued a preliminary financial statement for the fiscal year 2024,