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UBS Raises Soitec to Neutral From Sell

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10:35:01 AM UTC
SquawkNews
Soitec's photonics business is set to grow faster than previously expected in the coming years, UBS analysts write in a note to clients. They upgrade their rating on the French semiconductor-materials maker's stock to neutral from sell. Analysts estimate photonics will account for 50% of Soitec's r…

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