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ams OSRAM downgraded to Market Perform from Outperform at Bernstein

ams OSRAM downgraded to Market Perform from Outperform at Bernstein

Bernstein downgraded ams OSRAM to Market Perform from Outperform with a price target of CHF 1.50, down from CHF 3. The analyst cites the announcement of the loss of the cornerstone customer for the company’s microLED product for the downgrade.

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