ODDO BHF Small & MIDCAP MORNING NEWS - 15/06/2021
We are adopting a more positive stance on the stock. We believe the worst is behind us and we are entering a recovery phase, albeit gradually, and this should act as a catalyst for the stock. Self-help was vital during the crisis and should pave the way for greater operational efficiency when the crisis is over. We are upgrading our recommendation to Outperform from Neutral and lifting our target price to CHF 80 from CHF 66. - ...Soitec is a manufacturer of silicon and integrated circuits. Co. offers products based on Silicon-on-Insulator (SOI), which serves to support the manufacturing of more energy-efficient integrated circuits. Co.'s operations can be divided into three divisions: Electronics, Solar Energy and Lighting. The Electronics division manufactures and sells substrates and components intended for the microelectronics industry; the Solar Energy division manufactures and sells photovoltaic modules, designs and constructs turnkey projects, and operates photovoltaic power plants; and the Lighting division isolates resources to develop materials designed for the production of light emitting diodes.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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