ZURICH (dpa-AFX Broker) - The major Swiss bank UBS has raised its target price for Siemens Energy from 10.30 to 14.00 euros, but left the rating at "Neutral". The energy technology group is developing in the right direction overall, wrote analyst Supriya Subramanian in a study published on Friday. The company should be able to maintain its net liquidity in the short term despite the continuing losses at its wind turbine subsidiary Siemens Gamesa. Therefore, the expert sees no need for a cash inflow into Siemens Energy./la/edh

Publication of the original study: 08.02.2024 / 18:55 / GMT First distribution of the original study: 08.02.2024 / 18:55 / GMT

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