JPMorgan analyst Phil Buller upgraded Siemens Energy (SMNEY) to Overweight from Neutral with a price target of EUR 160, up from EUR 100. The firm also added the shares to its Analyst Focus List. It says Siemens Energy is a “powerful free cash flow machine” into the 2040s.
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Read More on SMNEY:
- Siemens Energy price target raised to EUR 130 from EUR 122 at Berenberg
- Siemens Energy price target raised to EUR 135 from EUR 130 at Deutsche Bank
- Siemens Energy price target raised to EUR 136 from EUR 130 at RBC Capital
- Siemens Energy price target raised to EUR 100 from EUR 91.50 at JPMorgan
- Siemens Energy price target raised to EUR 116 from EUR 104 at Citi