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Daimler: Bank of America still a buyer

( - On Tuesday, a Bank of America Global Research analyst confirmed a "Buy" rating on the Daimler share.

The broker believes that Daimler will accelerate its cost-cutting policy: press sources mention an additional 10,000 redundancies on the cards.

BofA GR therefore confirms its target price of 43 euros for the share, meaning upside potential of 17%.

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