NEW YORK (dpa-AFX) - JPMorgan has placed Wacker Chemie on 'Negative Catalyst Watch' ahead of its first-half earnings report due at the end of July. While analyst Chetan Udeshi raised his price target from 50 to 60 euros on Tuesday evening, he maintained an 'Underweight' rating. The short-term tailwinds driven by panic-buying amid the Middle East conflict are reportedly subsiding. Following a surprisingly strong first quarter, the second quarter is expected to see a return to a weak baseline. Udeshi stated that his operating profit (EBIT) forecast for the second quarter sits 35 percent below consensus. Although he raised his full-year estimates following the solid start to the year, his EBIT projections remain 26 percent below market expectations./rob/ag/gl
Original study published: 05.05.2026 / 22:20 / BST First dissemination of original study: 06.05.2026 / 00:15 / BST
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