Osram Licht: UBS downgrades 'Buy' rating

(CercleFinance.com) - An analyst at UBS on Monday downgraded his "Buy" rating to "Neutral," slashing his target price for the share from 65 euros to 38 euros, believing that the company is now "on a tightrope.
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The broker is therefore downgrading its rating on the share to Neutral, to find a balance between short-term risks and long-term opportunities, UBS explains.



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