Deutsche Bank analyst Falko Friedrichs lowered the firm’s price target on Philips (PHG) to EUR 23 from EUR 26 and keeps a Hold rating on the shares.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PHG:
- Philips Shareholders Approve Key Appointments and Proposals at 2025 AGM
- Philips price target lowered to EUR 23 from EUR 26.50 at Morgan Stanley
- Philips price target lowered to EUR 15.30 from EUR 22.60 at JPMorgan
- Philips’ Earnings Call: Mixed Sentiment and Strategic Resilience
- Philips Reports Q1 2025 Results Amid China Sales Decline