Deutsche Bank Research lowered its BMW price target to €66 from €71. The firm maintained its "Buy" rating on the stock. This adjustment follows BMW's recent announcement of a reduced 2026 EBIT margin forecast for its automotive segment.
The analyst noted a focus on the company's further restructuring measures. The firm is assessing if these measures represent a final clearing of the decks before a business recovery.
Kepler Cheuvreux also reduced its BMW price target to €56 from €58. It maintained a "Reduce" rating.