Siemens Shares Lifted After Kepler Cheuvreux Reverses Stance, Raises Targets
Siemens shares climbed 2.2% to €283.03 after Kepler Cheuvreux upgraded the stock to Hold from Reduce and raised its price target to €280 from €255. The broker highlighted the upcoming third-quarter earnings on August 6 and raised fiscal 2026-2028 revenue and profit forecasts above market consensus. A recent €300 million German investment to expand …