JPMorgan upgraded ams Osram (AMSSY) to Overweight from Neutral with a price target of CHF 23.60, up from CHF 11.80. The firm says the company’s improving growth prospects within its AI photonics business are “now more credible.”
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Read More on AMSSY:
- ams-OSRAM: Buy Rating Reaffirmed on Cyclical Recovery, Structural Growth and Undemanding Valuation; $21 Price Target Maintained
- ams Osram price target raised to CHF 16 from CHF 9.50 at Deutsche Bank
- ams Osram upgraded to Buy from Hold at Jefferies
- ams Osram upgraded to Neutral from Underweight at JPMorgan