Article: JP Morgan ups German Aixtron's target to EUR 25.

Article from:
ADP News Germany
Article date:
September 29, 2009
Copyright

(ADPnews) - Sep 29, 2009 - JP Morgan today lifted the share price target for German semiconductor equipment maker Aixtron AG (FRA:AIXA) to EUR 25 from EUR 20, retaining the "overweight" rating on the stock.

Analyst Sandeep Deshpande reckons with an early recovery of Aixtron's revenue which combined with a significant rebound of the illumination market may lead to further growth.

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