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IFX - Infineon Technologies AG News Story

€30.47 -1.0  -3.3%

Last Trade - 4:44pm

Sector
Technology
Size
Large Cap
Market Cap £35.20bn
Enterprise Value £38.41bn
Revenue £8.58bn
Position in Universe 37th / 1053

EUROPE RESEARCH ROUNDUP: Ericsson, Weir Group, Sodexo

Fri 21st December, 2012 9:10am
Dec 21 (Reuters) - Securities analysts revised their ratings and price targets on several 
European companies, including SBM Offshore and Weir Group, on Friday.  
     
    HIGHLIGHTS 
    * Ericsson   : Nordea Markets cuts to hold from buy 
    * Sodexo   : Barclays raises target to 63 euros from 59 euros; rating underweight 
    * Weir Group   : Jefferies raises target price to 1994p from 1900p; rating hold 
    * SBM Offshore   : SocGen raises to buy from hold; Barclays raises target on stock 
       
Following is a summary of research actions on European companies reported by Reuters on Friday. 
Stock entries are in alphabetical order. 
     
    * Active Biotech   : JP Morgan raises target to Sek 53 from Sek 43; rating neutral 
    * Arbonia Forster   : Vontobel raises price target to Sfr 22 from Sfr 20; rating hold 
    * Brammer PLC   : Westhouse Securities cuts to neutral from add 
    * DCC   : JP Morgan raises target price to 25 euros from 22.25 euros; rating neutral 
    * Ericsson   : Nordea Markets cuts to hold from buy 
    * Ferrexpo PLC   : Morgan Stanley raises target to 270p from 240p; rating equal-weight 
    * Infineon Technologies   : JP Morgan raises to overweight from neutral 
    * Infineon Technologies   : JP Morgan raises price target to 9 euros from 4.50 euros 
    * Millicom International   : Berenberg Bank cuts target to Sek 620 from Sek 650 
    * Morpol ASA   : Nordea Markets cuts to hold from strong buy 
    * SBM Offshore   : Barclays raises price target to 14.30 euros from 12.30 euros 
    * SBM Offshore   : SocGen raises to buy from hold 
    * SBM Offshore   : Credit Suisse ups target to 11 euros from 9 euros; rating neutral 
    * Sodexo   : Barclays raises target to 63 euros from 59 euros; rating underweight 
    * Terrace Hill Group   : Oriel Securities raises to add from hold 
    * TF1   : JP Morgan raises target to 10.10 euros from 8.20 euros; rating neutral 
    * Weir Group   : Jefferies raises target price to 1994p from 1900p; rating hold 
 
 ((Compiled by Eileen Anupa Soreng; Bangalore Equities Newsdesk +91 80 4135 5800; within  
U.S. +1 646 223 8780))   
 
 
Keywords: RESEARCH EUROPE/
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