Berenberg cuts Dürr on auto capex dependence amid EV transition risks

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Berenberg cuts Dürr on auto capex dependence amid EV transition risks

AI Summary

Berenberg has downgraded its rating on Dürr due to the firm's heavy reliance on automobile capital expenditure amid risks from the electric vehicle transition. The outlook reflects caution in the auto sector’s shift to EV technologies.

Markets Deals Berenberg Dürr auto sector capital expenditure EV transition market risk

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