|
|
Article: Commerzbank ups Aixtron's target to EUR 14.50.
- Article from:
- ADP News Germany
- Article date:
- August 31, 2009
CopyrightCOPYRIGHT 2009 Aii Data Processing Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
(ADPnews) - Aug 31, 2009 - Commerzbank lowered Monday its advice on German technology company Aixtron AG (FRA:AIXA) to "hold" from "add", but raised the share price target to EUR 14.50 from EUR 11.50.
Thanks to the strong demand for background lighting, Aixtron's incoming orders in the upcoming quarters are expected to rise significantly, analyst Marcus Faustmann said. The prospects for 2010 have improved. The share price development, however, already represents the ...