RBC Capital initiated coverage of Siemens Healthineers (SMMNY) with an Outperform rating and EUR 55 price target The firm says the stock’s valuation is not reflective of the company’s medium-term sales and earnings growth potential.
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Read More on SMMNY:
- Siemens Healthineers price target lowered to EUR 45 from EUR 48 at Morgan Stanley
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- Siemens Healthineers downgraded to Neutral from Outperform at BNPP
- Siemens Healthineers downgraded to Hold from Buy at Deutsche Bank
- Siemens Healthineers price target lowered to EUR 58 from EUR 62 at Citi
