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UBS has maintained its "Buy" rating for Philips Electronics, setting a target price of 29 euros following insights from CFO Charlotte Hanneman. Analyst Graham Doyle noted that while the consumer medical technology sector in China is expected to remain stagnant, hospital investments in the USA are projected to perform well.
UBS has maintained its "Buy" rating for Philips Electronics, setting a target price of 29 euros following an industry conference. Analyst Graham Doyle noted that the regional business outlook remains stable, with a focus on reducing the disparity between reported and adjusted earnings.
UBS has upgraded Philips Electronics from "Neutral" to "Buy," increasing its target price from €26.50 to €29.00. Analyst Graham Doyle noted that the market has not fully recognized the company's recent improvements, despite a cautious outlook for 2025. Recent data from China has sparked some optimism.
PHILIPS ELECTRONICS N.V.
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ubs maintains buy rating for philips with target price of 29 euros
12:38 05.03.2025
ubs maintains buy rating for philips with target price of 29 euros
22:24 04.03.2025
ubs upgrades philips to buy raises target price to 29 euros
08:04 20.02.2025
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