Porsche Automobil (OTCMKTS:POAHY – Get Free Report) was downgraded by equities researchers at Barclays from a “hold” rating to a “strong sell” rating in a research note issued on Thursday, Zacks.com reports.
Separately, Sanford C. Bernstein initiated coverage on Porsche Automobil in a research note on Tuesday, August 20th. They issued a “market perform” rating for the company.
Read Our Latest Analysis on Porsche Automobil
Porsche Automobil Stock Up 1.2 %
About Porsche Automobil
Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. It operates in two segments, Core Investments and Portfolio Investments. The company is involved in investments in the areas of mobility and industrial technology. It offers its products under the Volkswagen, Audi, SEAT, KODA, Bentley, Lamborghini, and Porsche brand names.
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