Soitec: an analyst reduces his objective




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In a slumping market, down nearly 2% on the CAC40, Soitec yields 3.5% to 122.50 euros this afternoon. Stifel lowered its price target from 180 to 170 euros after further cutting its EPS forecast for the 2024 financial year (ending in March) by 14.8%. This reduction reflects the data…

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