HSBC downgraded Wacker Chemie to Hold from Buy with a price target of EUR 105, down from EUR 160. The analyst says low spot prices in China remain a drag in 2024 despite the company’s “attractive strategic positioning” in the solar industry.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on WKCMF:
