09:21 AM EDT, 08/07/2026 (MT Newswires) -- BofA Global Research raised the price objective for Siemens (SIE.F) after the company again lifted its fiscal 2026 outlook as it delivered higher-than expected third-quarter results across orders, revenue and EBITA. "We expect the both the Digital Industries and Smart Infrastructure businesses to maintain their current robust growth levels, driven by strong demand dynamics supported by long-dated backlog visibility. Overall we are reassured that the software outlook remains robust, and the hardware cycle underpinned by rebounds in China/US supporting our mid single digit growth expectations," analysts wrote in a Friday note. The price objective was changed to 317 euros from 310 euros, while the stock's buy rating was reiterated. The research firm also revised its financial estimates for the German technology group, including higher EPS, sales and adjusted EBITA projections for fiscal years 2026 through 2028.

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