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Siemens resumed with Overweight, put on Focus List at JPMorgan

JPMorgan analyst Phil Buller resumed coverage of Siemens (SIEGY) with an Overweight rating and EUR 300 price target The firm believes the company can sustainably outgrow earnings, driving a premium valuation versus peers. JPMorgan placed the stock on “Positive Catalyst Watch” into the capital markets day and added it to the firm’s Analyst Focus List.

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