Zacks Investment Research Upgrades Siemens (SIEGY) to Hold
Zacks Investment Research upgraded shares of Siemens (OTCMKTS:SIEGY) from a strong sell rating to a hold rating in a research note released on Thursday morning.
According to Zacks, “SIEMENS AG-ADR is the world’s largest supplier of products, systems, solutions and services for industrial automation and building technology. This business area includes Automation and Drives Industrial Solutions and Services Siemens Dematic Siemens Building Technologies AG. “
Several other analysts have also weighed in on the stock. ValuEngine lowered shares of Siemens from a buy rating to a hold rating in a research note on Thursday, January 4th. Morgan Stanley upgraded shares of Siemens from an equal weight rating to an overweight rating in a research note on Monday, December 11th. Finally, Barclays lowered shares of Siemens from an equal weight rating to an underweight rating in a research note on Tuesday, December 5th.
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Siemens AG is a Germany-based technology company with activities in the fields of electrification, automation and digitalization. It is also a supplier of systems for power generation and transmission, as well as medical diagnosis. It operates through nine segments: Power and Gas; Wind Power and Renewables; Energy Management; Building Technologies; Mobility; Digital Factory; Process Industries and Drives; Healthineers, and Financial Services.
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