UBS upgraded Siemens Energy (SMNEY) to Buy from Sell with a price target of EUR 175, up from EUR 38. The firm says structural growth in gas turbines and grid to fiscal 2030 makes Siemens Energy a “power play.”
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Read More on SMNEY:
- Siemens Energy re-initiated with an Outperform at Bernstein
- Siemens Energy initiated with an Outperform at Evercore ISI
- Siemens Energy price target raised to EUR 130 from EUR 125 at Morgan Stanley
- Siemens Energy upgraded to Overweight from Neutral at JPMorgan
- Siemens Energy price target raised to EUR 130 from EUR 122 at Berenberg
