** Shares in German semiconductor supplier Elmos ELGG.DE rise around 6% after the company reported Q3 results, with operating profit ahead of analysts' expectations
** Metzler points to the confirmed FY outlook, with a raised outlook for FCF margin to 10% from 7%
** Stifel sees encouraging orders and strong FCF in Q3
** Metzler says it sees further multiple expansion for the stock and that the sustainable shift to higher margin and cash flow should support a higher valuation going forward
** The stock is seen at the top of Germany's small-cap index .SDAXI
(Reporting by Bernadette Hogg)
((bernadette.hogg@thomsonreuters.com))