Jefferies raised the firm’s price target on Siltronic (SSLLF) to EUR 103 from EUR 83 and keeps a Buy rating on the shares. The wafer cycle seems to have officially bottomed and the firm sees a “structurally stronger upcycle,” the analyst tells investors.
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Read More on SSLLF:
- Siltronic price target raised to EUR 72 from EUR 48 at Deutsche Bank
- Siltronic downgraded to Underperform from Outperform at Oddo BHF
- Siltronic price target raised to EUR 74 from EUR 63 at Citi
- Siltronic price target raised to EUR 83 from EUR 70 at Jefferies
- Siltronic: Buy Rating Reaffirmed on Solid Positioning, Manageable Leverage and Improving AI-Driven Demand Despite Near-Term Headwinds