Daimler Chrysler "overweight"

21.11.06 - J.P. Morgan Securities

LONDON, November 21 (newratings.com) - Analysts at JP Morgan maintain their "overweight" rating on Daimler Chrysler (DCX). The target price is set to ?50.

In a research note published this morning, the analysts mention that the company?s strategy for its Truck division seems credible and in-line with the industry performance. Daimler Chrysler?s Truck division is likely to be a near-term driver of the company?s stock valuation, the analysts say.