- (PLX AI) - Wacker Chemie may be poised for accelerated organic growth and a shift to better quality earnings mix, Bank of America analysts said, upgrading the stock to buy from neutral.
- • Price target EUR 160 implies 27% upside
- • Wacker has a new CEO and a debt-free balance sheet, which could allow it to raise capex and drive profit growth, while also diluting the weight of polysilicon in its profit mix, BofA said
- • NOTE: Wacker Chemie has scheduled a Capital Markets Day for March 29, where it is due to issue a Strategy Update
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