Siltronic price target lowered to EUR 45 from EUR 50 at Jefferies

Jefferies analyst Constantin Hesse lowered the firm’s price target on Siltronic (SSLLF) to EUR 45 from EUR 50 and keeps a Hold rating on the shares. The firm is cautious on a second half of 2025 recovery despite the additional visibility on tariffs, citing “increased trade tensions” and “continued elevated wafer inventories.” Stifel noted that valuation is “at bottom,” but sees “no clear trigger for re-rating in sight.”