BofA downgraded Siemens (SIEGY) to Neutral from Buy with a price target of EUR 200, up from EUR 196. The company’s guidance for 2025 highlights continued lack of visibility and slow recovery in DI, which inhibits its earnings momentum until the second half of next year, the analyst tells investors in a research note.
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Read More on SIEGY:
- Siemens price target raised to EUR 230 from EUR 215 at JPMorgan
- Siemens price target raised to EUR 220 from EUR 212 at Morgan Stanley
- Siemens price target raised to EUR 35 from EUR 21 at Barclays
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- Siemens price target raised to EUR 200 from EUR 197 at Deutsche Bank