A post by @FirstSquawk on X.

BofA Global Research lowered its price objective on Siemens Energy to EUR 220 from EUR 250, keeping the reduced target below the prior level. The revision affects the German energy-technology group, whose shares trade in Frankfurt, and signals a more cautious valuation stance from one of the major sell-side houses covering the name. The size of the cut—EUR 30, or 12% of the previous objective—makes it a meaningful adjustment rather than a routine refresh. Investors will watch whether other brokers follow with similar trims and how the stock trades around the new target.