Deutsche Bank, Berenberg cut Wacker Chemie

** Deutsche Bank cuts Wacker Chemie WCHG.DE to "sell" from "hold" citing concerns about the sustainability of earnings beyond 2026

** Stock down some 1%

** DB says investors are likely to shift their focus beyond near-term earnings upside and towards the durability of earnings, with its 2027-2029 forecasts averaging around 7% below consensus

** Berenberg also cuts its rating to "hold" from "buy," says the proposed US review of solar imports offers limited support for Wacker's polysilicon operations in the country

** Berenberg also expects margins in the polymers division to ease from current elevated levels amid a challenging construction market environment in 2027

** Out of sixteen analysts covering the German chemical manufacturer, two rate it "buy", ten "hold", three "sell" and one "strong sell" - LSEG data