Mercedes-Benz Group is trading at €38.99, down 4.19%, alongside weaker European shares amid higher oil prices and rising bond yields. - European shares edged lower on October 7; Germany’s main stock index was down 0.65% that day. - Citi recently cut its price target from €51 to €42, citing margin risks from China, EV competition, pricing and raw-material costs. Available reports do not establish that the analyst action directly caused the move.