(CercleFinance.com) – Soitec jumped nearly 6% and thus posted one of the best performances of the SBF120, with the support of Jefferies, which reaffirmed its ‘buy’ advice on the title of the supplier of materials for semiconductors, with an objective price raised by 50% to 270 euros.
“The sector has entered a new bullish cycle, which we believe should result in significant additional revaluation and strong EPS growth over the next two years,” the broker judges in a note on semiconductors.
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