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Investing.com63d agobearish

Soitec stock plunges 13% on Jefferies downgrade over FY27 valuation

Investing.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.

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