Stocks in Action: Evonik, Lanxess, SFC Energy, Ottobock, Renk
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Stock 1.) Evonik - Specialty chemicals company continues to struggle under difficult market conditions - Jefferies upgrades to Buy with a price target of 20 Euros! One of the most important buy ratings on Wednesday came from Jefferies for Evonik. The rating was upgraded to "Buy" and the price target revised upwards to 20 Euros. Recently, Evonik has faced declining sales due to gloomy economic conditions. However, thanks to cost-cutting measures, the company was able to counteract this successfully, partially compensating for the declining sales...
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