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Berenberg upgraded BMW to Buy, citing restructuring, cost savings, and upcoming Neue Klasse EV launches that it says offset China headwinds. BMW repurchased 410,911 shares under its 2025/2027 buy-back.
Berenberg upgraded BMW to buy from hold; Deutsche Bank upgraded Amadeus. (SIG also mentioned in broker roundup.)
Berenberg analysts Romain Gourvil and Tommy Whitfield upgraded BMW from hold to buy and raised their price target to 75 euros from 69 euros, citing momentum from new models that offsets challenges in China.
Berenberg raised its rating on BMW from Hold to Buy.