Barclays downgraded Aixtron to Equal Weight from Overweight with a price target of EUR 30, down from EUR 38. The analyst says artificial intelligence continues to drive divergence in European Union semis. Large investments are being suggested and could start to drive increased investments in the next 12 months, but risk remains to the upside based on Barclays’ new proprietary global wafer model, the analyst tells investors in a research note.
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