Article: Commerzbank cuts German Gerresheimer to "hold".

(ADPnews) - Sep 11, 2009 - Commerzbank Friday reduced its rating on German glass and plastic packaging maker Gerresheimer AG (FRA:GXI) to "hold" from "buy" but increased its share price target to EUR 22 from EUR 20.

The stock has jumped significantly in the last months and an upward trend is not expected for now, analyst Daniel Wendorff said. The analyst also forecast weak third-quarter figures and said cuts on ...

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