Siemens Energy is trading 4.08% up at €142.00 after JPMorgan maintained its Overweight rating, €245 price target, and Analyst Focus List status following discussions with CEO Christian Bruch.
- JPMorgan expects Siemens Energy to reach the upper end of its annual profit-margin guidance.
- Resilient demand and record orders reinforced the bullish view.
- The move also reflects a rebound after the September 14 selloff.