Siltronic: Strong Q2 Beat, Upgraded Guidance Support Buy Rating as $100 Price Target Reaffirmed
Tip Ranks·- Jefferies analyst Constantin Hesse maintained a buy rating on Siltronic with a price target of 100.00 euros. - The rating is supported by stronger-than-expected second-quarter performance, improved full-year guidance, solid volume growth, and higher capacity utilization. - Fundamental improvements including a strengthened balance sheet, increased equity ratio, and an attractive upside potential contributed to the decision.