US investment bank Jefferies has downgraded Wacker Neuson from 'Buy' to 'Hold'. For the Munich manufacturer of compact machines and attachments, this is a damper on the capital market. The analysts justify the move with a changed market assessment, but Jefferies does not provide details on revenue or margin pressure in the initial announcement. Wacker Neuson manufactures, among other things, vibratory plates, mini excavators and wheel loaders for construction companies and rental companies.
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