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ubs maintains neutral rating for philips with target price of 26.50 euros
UBS has maintained a "Neutral" rating for Philips Electronics, setting a target price of 26.50 euros. Analyst Graham Doyle noted that the recent price decline following quarterly results is understandable, but he does not see a buying opportunity due to uncertainties in China.
UBS maintains neutral rating on Philips with target price of 26.50 euros
UBS has maintained a "Neutral" rating for Philips Electronics, setting a target price of €26.50. Analyst Graham Doyle expressed concerns over disappointing sales forecasts and weak order intake, reflecting a negative outlook for the company.
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