NEW YORK (dpa-AFX Broker) - The US investment bank Goldman Sachs has raised its target price for Siemens Energy from 18.60 to 20.00 euros and left its rating at "Buy". In a study published on Thursday, analyst Ajay Patel significantly raised his earnings estimates for the coming years, citing among other things the recent strong order intake and slightly better margins. The energy technology group is benefiting from increasing grid investments. Although the company surprised positively in the first quarter, it did not change its outlook./tav/ngu

Publication of the original study: 07.02.2024 / 06:00 / GMT

First-time dissemination of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

-----------------------

dpa-AFX Broker - the Trader News from dpa-AFX

-----------------------