DaimlerChrysler "buy"

28.02.07 - Dresdner Kleinwort Wasser.

LONDON, February 28 (newratings.com) - Analysts at Dresdner Kleinwort maintain their "buy" rating on DaimlerChrysler AG (DCX). The fair value is set to ?65.

In a research note published this morning, the analysts mention that the company has indicated that a sustainable business model for the group requires a strategic revision of the Chrysler division. Synergies from the combination of Chrysler and Mercedes are not crucial for the future of Mercedes, the analysts say. DaimlerChrysler has indicated that it intends to review its dividends following Chrysler?s strategic revision.