SUSS Microtec shares extend Thursday's gains as DB ups to 'buy'

SUSS MicroTec SE

07/11/2025 07:57

**Deutsche Bank upgrades SUSS Microtec SMHNn.DE to "buy" from "hold", citing the semiconductor firm's tone on order momentum turning more constructive

** SUSS Microtec shares rise 5.8% in early Frankfurt trade

** The broker points to the CEO's comments on customer sentiment being more confident than in recent months, seemingly based on direct customer discussions in Asia

** It flags balance of risks has shifted, as consensus expectations have changed and buy-side numbers are likely below consensus

** SUSS Microtec shares closed about 13% higher on Thursday on the back of Q3 results; the stock is still down about 38% YTD

(Reporting by Bernadette Hogg)

((bernadette.hogg@thomsonreuters.com))