In a report released today, Fabian Piasta from Jefferies maintained a Buy rating on BELIMO Holding AG, with a price target of CHF1,052.00.
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Fabian Piasta has given his Buy rating due to a combination of factors including the positive momentum Belimo Holding AG is experiencing as it approaches the end of the year. The company’s strategic focus on the data center sector, particularly in the area of liquid cooling technology, is expected to drive further growth.
Additionally, the increasing adoption of the Blackwell technology is anticipated to enhance Belimo’s market position and provide significant opportunities for expansion. These factors collectively contribute to a favorable outlook for Belimo, justifying the Buy rating.