Jefferies analyst Constantin Hesse downgraded Siltronic (SSLLF) to Hold from Buy with a price target of EUR 50, down from EUR 90. The firm cites the company’s “continued challenged outlook” and lack of free cash flow for the downgrade.
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Read More on SSLLF:
- Siltronic’s Hold Rating: Navigating Prolonged Destocking and Negative Cash Flow Outlook
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