Besi: surrounded after broker upgrade

(CercleFinance.com) - BE Semiconductor Industries (Besi) gains nearly 6% in Amsterdam, with UBS raising its recommendation from 'neutral' to 'buy', and raising its target price for the chipmaker from 111.
7 to 159 euros.

The broker explains that it sees new opportunities for the Dutch group's hybrid bonding technology in the photonics and high-end tablet sectors, as well as an upturn in the consumer market.

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