Siltronic: Credit Suisse now a buyer

(CercleFinance.com) - A Credit Suisse analyst Credit Suisse today upgraded the Siltronic stock from "neutral" to "outperform," considering its valuation as too attractive to ignore.


The broker has therefore increased its target price from 90 euros to 100 euros. which suggests upside potential of around 30%.

"Smartphone recovery (5G cycle) and continued Memory strength (Cloud, rise of Artificial Intelligence/Machine Learning and higher content in 5G devices) should result in a more balanced situation from 2H21," Credit Suisse says.


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