P911.DE Dr. Ing. h.c. F. Porsche AG
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Porsche Considers Moving Cayenne Production to Germany, Conditional on Pay Cuts
Porsche is weighing a shift of Cayenne SUV production from Slovakia to its Leipzig, Germany plant. A Frankfurter Allgemeine Zeitung report indicates the move...
🔴 P911.DE extends move to 5.1% down
P911.DE is trading at $44.09, down 5.1% versus the comparison close of $46.45 during regular trading. This is a price-movement alert; no separate...
Porsche Trims Production to Protect Profits, Facing US Tariffs and Competition
Porsche AG is finalizing a second round of cost-cutting measures and vehicle production reductions. The automaker expects to reach an agreement with employee...
Porsche AG Upgraded by Barclays, as Near-Term Challenges Are Priced In
Barclays upgraded Dr. Ing. h.c. F. Porsche AG from underweight to equal weight. The bank increased its price target for the stock by 25%, moving from €40 to...
Porsche AG Upgraded to Buy, Goldman Sachs Forecasts 30% Profit Growth
Goldman Sachs upgraded Dr. Ing. h.c. F. Porsche AG to buy from neutral on Thursday. The investment bank raised its 12-month price target to €59 from €39. This...
Porsche cuts 500 jobs and three units, refocusing on core sports cars
Porsche AG will eliminate more than 500 jobs. The company is closing three subsidiaries to refocus on its core sports car business. Vehicle sales dropped 15%...
Porsche AG surges on UBS upgrade, citing 50% target hike
UBS upgraded Porsche AG to Buy from Neutral on Monday. The Swiss bank raised its price target by 50%. The new valuation moved from €40 to €60 per share....
Porsche AG Wins Dismissal of Multi-Million Euro 'Felicity Ace' Lawsuit
The Stuttgart Regional Court dismissed a multi-million euro lawsuit against Porsche AG. The court ruled following the presentation of evidence. The dispute...