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Siemens price target raised to EUR 140 from EUR 130 at Barclays

Barclays analyst Vlad Sergievskii raised the firm’s price target on Siemens (SIEGY) to EUR 140 from EUR 130 and keeps an Underweight rating on the shares. While shares have climbed higher supported by a set of narratives, earnings revisions have kept going down due to weak industrial demand, the analyst tells investors.

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