LONDON (dpa-AFX Broker) - The British investment bank Barclays has downgraded Aixtron from "Overweight" to "Equal Weight" and lowered the price target from 38 to 30 euros. Artificial intelligence (AI) is driving the divergence in the European chip industry, analyst Simon Coles wrote in a sector report published on Tuesday. Large investments and their launch in the next twelve months could be imminent. Coles sees catch-up potential for the estimates for the individual companies, although the risk potential is positive. With regard to the equipment supplier Aixtron, however, he considers the consensus estimates to be too optimistic despite the recent price setback./ck/bek

Publication of the original study: 01.04.2024 / 23:00 / GMT

First publication of the original study: 02.04.2024 / 03:00 / GMT

-----------------------

dpa-AFX Broker - the Trader News from dpa-AFX

-----------------------