NEW YORK (dpa-AFX Broker) - The Canadian bank RBC has given Siemens an "Outperform" rating with a target price of 195 euros after the quarterly figures. Analyst Mark Fielding spoke of generally mixed results from the technology group. The disappointing profit development in the industrial business was mainly due to Siemens Healthineers, he wrote in a study published on Thursday. In contrast, the surprisingly high earnings per share benefited from a positive tax effect. Siemens has confirmed its overall outlook, but is now more cautious for the Digital Industries division and more confident than before for the intelligent infrastructure business./gl/ajx

Publication of the original study: 16.05.2024 / 02:11 / EDT First distribution of the original study: 16.05.2024 / 02:11 / EDT

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