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sd-10-EFTA01385522Dept. of Justice

EFTA Document EFTA01385522

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> Energy, Materials & Industrials Continental - Tim Rokossa, BUY, close €232.3, €250 tgt, 8% upside ■ 1) Automotive outperformance is at an inflection point. Continental has taken Valeo's mantle as the fastest-growing European supplier. Automotive organic growth was 9% in Q3 (700bps above global production and 250bps above Valeo). ■ 2) Continental is the best play on the autos 'mega trends.' Continental is a leader in all of: - Autonomous driving - indeed, the world's largest player. Thi

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Dept. of Justice
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sd-10-EFTA01385522
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