FRANKFURT (dpa-AFX) - A rise in Siltronic shares by two investment levels helped them to the top spot in the MDax on Thursday. The shares rose by 4.3 percent to 89.35 euros after Oddo BHF upgraded the stock from "underperform" to "outperform". With a price target raised from 70 to 120 euros, Oddo BHF now leads the optimists among the rating institutes.

According to the Franco-German financial group, 2024 will bring a strong recovery in the semiconductor industry. This recovery will be driven primarily by the memory chip segment. The semiconductor cycle had already bottomed out last year, despite numerous uncertainties./bek/jha/