STOCKS NEWS EUROPE-Aixtron soars as D.Bank hikes target

Wed Nov 11, 2009 10:52am EST
 
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Shares in German technology company Aixtron (AIXGn.DE) soar more than 9 percent to the top of Frankfurt's technology index .TECDAX, after Deutsche Bank raises its price target to 28 euros from 26 euros. "We remain very positive on the current order cycle, based on continued high capex from Taiwan and Korea and accelerating investments from emerging Chinese LED producers," the broker writes, keeping a "buy" rating.

Reuters Messaging rm://christoph.steitz.reuters.com@reuters.net

 

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