0953 GMT - Siemens AG's plan to reduce its stake in Siemens Healthineers is likely to weigh on the latter's shares, Deutsche Bank's Falko Friedrichs writes in a note to clients. The reduction structure the German technology company set out will likely take a significant amount of time to execute and as of now there are no definitive timelines, Friedrichs says. There is also a risk of flowback due to Siemens AG's plan to reduce its stake to around 30% from 67%, and the likelihood of additional Healthineers share placements as Siemens AG moves toward a potential stake below 20% in the longer term, the analyst writes. Deutsche Bank downgrades its recommendation on Siemens Healthineers stock to hold from buy and cuts its target price to 46 euros from 57 euros. Siemens Healthineers shares fall 1.4% to 41.74 euros. (william.gray@wsj.com)
(END) Dow Jones Newswires
December 04, 2025 04:53 ET (09:53 GMT)
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