HSBC downgraded Wacker Chemie to Hold from Buy with a price target of EUR 105, down from EUR 160. The analyst says low spot prices in China remain a drag in 2024 despite the company’s “attractive strategic positioning” in the solar industry.
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Read More on WKCMF:
- Wacker Chemie downgraded to Equal Weight from Overweight at Morgan Stanley
- Wacker Chemie price target lowered to EUR 110 from EUR 125 at Berenberg
- Wacker Chemie downgraded to Reduce from Buy at Baader Helvea
- Wacker Chemie initiated with a Buy at Jefferies
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