Bernstein Upgrades XFAB Rating to Outperform, Raises Price Target to €12.8 from €5 on June 23

According to BlockBeats, on June 23, Bernstein upgraded its rating on XFAB from Hold to Outperform and raised its price target from €5 to €12.8. Serenity said the analyst's target remains conservative and does not fully account for XFAB's silicon photonics opportunities, particularly its partnerships with Nvidia through PhotonixFab and with LIGENTEC on SOI-based TFLN technology.
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