LONDON (dpa-AFX Broker) - British investment bank Barclays cut its price target for Wacker Chemie to 181 euros from 184 euros, but left its rating at "overweight". The destocking of silicones by customers is likely to continue in the first quarter, analyst Sebastian Satz wrote in a research note published Tuesday. The expert lowered his estimates for operating earnings (Ebitda), saying consensus estimates were significantly too high. However, the risk-reward ratio for Wacker appears extremely attractive./ajx/mis

Publication of the original study: 23.01.2023 / 19:49 / GMT First circulation of the original study: 24.01.2023 / 05:00 / GMT

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