Picture of Huber+suhner AG logo

HUBN Huber+suhner AG News Story

0.000.00%
ch flag iconLast trade - 00:00
TechnologyAdventurousLarge CapHigh Flyer

Baader upgrades Huber + Suhner to 'add', expects profits from data centre tech

** Baader Europe raises Huber + Suhner HUBN.S to "Add" from "Sell", expecting the electrical and optical components supplier's "breakthrough" switching technology to help boost profits from data centres

** The broker says the new technology is a key input for data centre infrastructure that could expand the company's size twofold over the next five years

** Huber + Suhner's optical circuit switches provide lower latency and power consumption, Baader says

** The Swiss company, a manufacturer of components and systems for electrical and optical connectivity, is therefore set to profit from the "explosive" data centre demand, it adds

** Shares of Hubert + Suhner are up 3%, outperforming the Swiss mid-cap index .SMIM

(Reporting by Simon Ferdinand Eibach)

((Simonferdinand.eibach@thomsonreuters.com))

Recent news on Huber+suhner AG

See all news