Soitec: Barclays cuts its target price

(CercleFinance.com) - Barclays maintains its 'equal weight' recommendation on Soitec shares, cutting its target price for them from E115 to E100, saying that it was significantly below consensus, and saw little at this stage to suggest that 2025 will see a strong recovery.


Analysts have significantly reduced their expectations for FY 2026 to reflect a more gradual recovery in mobile and persistent weakness in automotive, the broker adds in its comments about the semiconductor materials manufacturer.


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