Barclays Upgrades Continental to Overweight

Barclays upgraded Continental to overweight, raising price target to €72 from €70, prompting >2% share rise.
Upgrade cites Continental’s strong pricing power and pass‑through clauses to offset 15‑20% sector cost inflation in 2026.
Barclays maintains negative view on European autos sector but sees Continental as defensive play amid Middle‑East conflict‑driven input cost pressures.
Analysts warn of heightened working‑capital risks and short‑term cash strain across the supply chain despite Continental’s valuation upside.