Süss MicroTec Receives 'Buy' Rating from Deutsche Bank Research
Monday, 22 July 2024, 10:11
Deutsche Bank Research Upgrade
On July 22, 2024, Deutsche Bank Research upgraded Süss MicroTec to a 'Buy' rating. This decision came after the company's recent quarterly earnings report, which exceeded expectations.
Key Highlights
- Strong Performance: Süss MicroTec demonstrated robust growth in the semiconductor supply sector.
- Increased Outlook: The annual forecast was raised, indicating positive momentum.
- Target Price: Analysts have set a target price of €83 per share, suggesting significant upside potential.
Investors looking at the semiconductor sector may find this upgrade to be a valuable signal for their investment strategies.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.