Kion Shares Should Benefit From Industrial Truck Demand -- Market Talk
Dow Jones2026/09/08 09:140914 GMT - Kion Group's sales should recover to around 6% growth next year, Citi analysts write as they upgrade the stock to buy from neutral, and increase the target price to 62 euros from 46 euros. Citi says a potential inflection in the industrial truck demand cycle should drive shares in the near term. "Improving German macro data, including from the infrastructure bill, points to acceleration in industrial trucks into 2027," the analysts say. Shares in the German industrial truck supplier are up 6.4% at 48.20 euros and leading the Stoxx 600 index risers. (ian.walker@wsj.com)
(END) Dow Jones Newswires
September 08, 2026 05:14 ET (09:14 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
U.S. Two-Year Treasury Yield Rises 15 Basis Points to 4.58%, Highest Level Since 2024
The yield on the 2-year US Treasury note rose 15 basis points to 4.58%, the highest level since 2024.
PM Squared reports Big Digital Energy common share purchase worth $7,166.80
Crypto prices
More
