(Telestock) – thyssenkrupp nuceraa German hydrogen technology company, is falling sharply on the Frankfurt Stock Exchange after analysts at Berenberg cut its recommendation to “Hold“from Buy” and reduced the target price to 12 euros per share from the previous 16 euros.
The company, in which both ThyssenKrupp That From Nora hold significant stakes, records a 2.72% decline And stands at 9.48 euros. Operationally, a downward extension of the curve is expected with a support area seen at 9.36 and subsequently at 9.25. Resistance at 9.59.