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GgoogleDE first seen 23 d ago, last 3 h ago, peak #1

Jefferies ends Siemens buy rating despite strong outlook

Original: siemens aktie

Siemens shares traded higher even as Jefferies withdrew its buy recommendation on the stock. The bank said the industrial group's good prospects are no longer enough to justify a buy rating at current levels. German investors are following the rating change closely as Siemens shares had been benefiting from a solid outlook.

Why now: A rating change by Jefferies on a major German blue-chip stock is drawing investor attention.

SiemensJefferiesFinanzen.net

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