Car makers drop; Vonovia dips (Il Sole 24 Ore Radiocor) - Milan, 07 Jun - In European stock market dealings most sectors were lower, with car makers among the biggest decliners while technology shares edged higher.

Shares of the German real estate group Vonovia sank 4.40% in Frankfurt trade, after analysts at the US bank Morgan Stanley cut their recommendation on the stock to "underweight" from "equalweight" while maintaining the target price at 24 euros.

Shares of Italian bad loan manager doValue jumped 4.10% in Milan following the announcement it has reached an agreement to acquire its peer Gardant in a deal that will create a European leader in the credit management sector.

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(RADIOCOR) 07-06-24 13:48:24 (0351) 5 NNNN