1009 GMT - Mercedes-Benz first-quarter profitability in its cars unit will probably reach the lower half of its full-year guidance range ahead of new model launches, Deutsche Bank analyst Tim Rokossa writes. In contrast, the vans business is expected to have a solid start to the year, with profitability projected to be in the upper half of guidance, Rokossa adds. "We see this start as perhaps a touch better than previously expected and believe this will be reflected in the German original equipment manufacturers earnings in general." Deutsche Bank expects no change to guidance at this stage. It rates Mercedes-Benz stock at buy with a 74 euro target price. Shares rise 0.3% to 54.98 euros. (dominic.chopping@wsj.com)
(END) Dow Jones Newswires
April 15, 2026 06:09 ET (10:09 GMT)
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