# Berenberg analyst price target adjustments > Developing situation record from CLSTR: https://clstr.news/situations/berenberg-analyst-price-target-adjustments > Updated: 2026-11-02T08:47:55.000Z. Sources: 11. Developments: 2. Berenberg has issued updated price targets for various companies following recent financial reports. In late October, analyst Christoph Greulich raised the price target for Aalberts from 50.00 to 52.00 euros while maintaining a buy rating. This adjustment followed third-quarter organic revenue growth of 13 percent, which exceeded consensus estimates. While the semiconductor division showed significant growth, the analyst noted that EBITA margins lagged due to higher holding costs and weakness in the construction segment. In early November, analyst Lasse Stueben raised the price target for industrial waste recycler Befesa from 40 to 45 euros, also maintaining a “Buy” rating. The adjustment followed third-quarter results where EBITDA exceeded consensus estimates by 2 percent, aided by high zinc prices on the London Metal Exchange. On November 2, 2026, Deutsche Rohstoff increased its financial outlook due to rising oil prices. The company raised its annual revenue forecast to between 340 million and 360 million euros, up from the previous estimate of 300 million to 320 million euros. The EBITDA forecast was also adjusted upward to a range of 420 million to 440 million euros. This revision is based on higher oil price assumptions, including an average WTI oil price of 95 dollars per barrel for November and December. Following these developments, First Berlin Equity Research raised its price target for the stock from 125 to 135 euros while maintaining a buy recommendation. ## Timeline ### 2026-11-02: TeamViewer shares plunge following lowered revenue guidance TeamViewer shares dropped nearly 27 percent after the company lowered its 2026 revenue growth guidance due to delayed contracts and economic uncertainty. 9 sources. https://clstr.news/cluster/berenberg-raises-befesa-price-target-to-45-euros ### 2026-10-28: Berenberg raises price target for Aalberts Berenberg raised its price target for Aalberts to 52.00 euros, citing strong 13 percent organic revenue growth led by the semiconductor division, despite margin pressures in the construction segment. 2 sources. https://clstr.news/cluster/berenberg-raises-price-target-for-aalberts --- Cite as: Berenberg analyst price target adjustments. CLSTR, https://clstr.news/situations/berenberg-analyst-price-target-adjustments