Philips Stock Crashes On China Slump
PHGPhilips(PHG) Seeking Alpha·2024-10-29 23:14

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our inhouse developed data analytics platform. In June, I upgraded Philips stock to a buy rating following the settlement provision for the problems on the respiratory devices. The stock performed well hitting and exceeding my price target of $28.59. However, following the third quarter earning ...