Investing.com106d agobearish
Soitec stock plunges 13% on Jefferies downgrade over FY27 valuationInvesting.com -- Soitec SA shares dropped over 13% on Wednesday after Jefferies downgraded the French semiconductor substrate maker to “underperform” from “hold,” setting a price target of €85, a 39.35% discount to Tuesday’s close of €140.15, citing a disconnect between the stock’s valuation and its underlying fundamentals.