NEW YORK (dpa-AFX) - The US bank JPMorgan has raised its price target for Siemens Energy from 9.90 to 11.40 euros and left its rating at "Underweight". The energy technology group's quarterly figures due on May 8 should be solid, analyst Akash Gupta wrote in a study published on Thursday. The outlook for most of the company's end markets is positive. However, his investment recommendation reflects the weak balance sheet, which leaves no room for disappointment./gl/ck

Publication of the original study: 27.03.2024 / 19:23 / GMT

First dissemination of the original study: 28.03.2024 / 00:15 / GMT

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