Morgan Stanley analyst Max Yates raised the firm’s price target on Siemens (SIEGY) to EUR 212 from EUR 190 and keeps an Overweight rating on the shares.
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Read More on SIEGY:
- Altair downgraded to Peer Perform from Outperform at Wolfe Research
- Siemens acquires Altair Engineering for $113 per share in cash or $10.6B
- Altair acquired by Siemens for $10.6B or $113 per share in cash
- Altair jumps 8% to $110.30 after Bloomberg says Siemens near buyout
- Siemens finalizing deal to acquire Altair Engineering, Bloomberg reports