March 22 (Bloomberg) — Germany’s DAX Index rebounded. Bayerische Motoren Werke AG rose after Morgan Stanley raised the price estimate for the carmaker’s shares. Volkswagen AG and DaimlerChrysler AG also rose.

Volkswagen rose 3.7 percent to 60.68 euros. Citigroup Inc. raised the price estimate for Europe’s biggest carmaker 19 percent to 70 euros.

This entry was posted on Saturday, March 25th, 2006 at 10:40 pm and is filed under Company. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.