Daimler AG (NASDAQ: DDAIF) was downgraded by Citigroup from a “buy” rating to a “neutral” rating in a research note issued on Thursday.

A number of other firms have also recently commented on DDAIF. Analysts at Morgan Stanley upgraded shares of Daimler AG from an “underweight” rating to an “equal weight” rating in a research note to investors on Wednesday, February 20th. Separately, analysts at HSBC upgraded shares of Daimler AG from a “neutral” rating to an “overweight” rating in a research note to investors on Monday, February 4th. Finally, analysts at Goldman Sachs upgraded shares of Daimler AG from a “buy” rating to a “conviction-buy” rating in a research note to investors on Friday, January 11th.

Shares of Daimler AG traded down 1.25% during mid-day trading on Thursday, hitting $59.88. Daimler AG has a 52 week low of $41.39 and a 52 week high of $63.67. The stock’s 50-day moving average is currently $59.00.

Daimler AG is a Germany-based company that develops, manufactures and distributes a range of automotive products, mainly passenger cars, trucks, vans and buses, as well as manages the Daimler Group.

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