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Serenity: Bernstein's target price of 12.8 euros for XFAB remains conservative

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Serenity stated that Bernstein has raised its XFAB rating to outperform the market, with a target price increase from 5 euros to 12.8 euros. Serenity believes that the target price does not fully price XFAB's potential in silicon photonics and HVM transformation, and is bullish on XFAB.

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