HSBC downgrades Soitec SA (0RMT) to a Hold

In a report released today, from HSBC downgraded Soitec SA (0RMT – Research Report) to a Hold, with a price target of €51.00. The company's shares closed yesterday at €47.53.
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In addition to HSBC, Soitec SA also received a Hold from J.P. Morgan's Sandeep Deshpande in a report issued today. However, yesterday, Deutsche Bank maintained a Buy rating on Soitec SA (LSE: 0RMT).

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