BE Semiconductor Industries (BESI) loses 4% in Amsterdam, penalized by a downgrade by UBS from 'buy' to 'neutral', despite a price target raised from 120 to 135.4 euros on the semiconductor equipment supplier's shares.

While he believes that the group's long-term growth prospects remain intact, the broker thinks that a lot is priced in. After the share's solid performance, we would expect a better entry point from now on", he says.

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