Soitec supported by Credit Suisse

(AOF) – Soitec (+3.17% to 214.60 euros) is among the main increases in the SBF 120 index, galvanized by the initiation of Credit Suisse coverage at Outperformance. As part of a study devoted to the semiconductor sector in Europe, the design office values ​​Soitec, 304 euros! “The growing appreciation of Soitec’s role in the industry could ultimately make it a preferred investment in the sector,” explains the analyst. It forecasts an average annual growth of 27% and 31% respectively for revenue and EBITDA between 2021 and 2026.

The broker warns that Soitec could even do better. The January 26 quarterly earnings release is flagged as the next catalyst.

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