UBS has revised its price target for Aixtron, lowering it to 14.90 euros, while maintaining a "Neutral" rating. This adjustment is based on Aixtron's quarterly figures and reflects a cautious outlook on the semiconductor industry.

The anticipated recovery in the market has been pushed back to 2025, leading to significant reductions in earnings forecasts for both 2025 and 2026. The lack of positive price drivers for Aixtron's shares has influenced the bank's decision to lower its target.

Overall, UBS's revised price target for Aixtron highlights the bank's cautious stance on the semiconductor industry. With the anticipated market recovery delayed and reduced earnings forecasts, the bank has adjusted its target to reflect these factors.