Morgan Stanley analyst Thomas Wrigglesworth downgraded Wacker Chemie (WKCMF) to Underweight from Overweight with a EUR 59 price target The firm cites uncertainty around U.S. solar demand for the double downgrade.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WKCMF:
- Wacker Chemie price target lowered to EUR 60 from EUR 78 at JPMorgan
- Wacker Chemie price target lowered to EUR 58 from EUR 60 at Deutsche Bank
- Wacker Chemie AG Faces Mixed Earnings Amid Volatility
- Wacker Chemie AG Reports Q2 Earnings Decline
- Wacker Chemie price target raised to EUR 60 from EUR 57 at Deutsche Bank