Berenberg Downgrades Lenzing to Hold, Cuts PT

08:40 AM EDT, 10/02/2026 (MT Newswires) -- Berenberg on Friday downgraded Austrian cellulosic fibers company Lenzing Group (LNZ.VI) to hold from buy and decreased its price target to 17.00 euros from 29.50 euros. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)