Signify (OTCMKTS:SFFYF) Upgraded to Buy by Citigroup

Signify (OTCMKTS:SFFYFGet Rating) was upgraded by Citigroup from a “neutral” rating to a “buy” rating in a research note issued to investors on Friday, The Fly reports.

Separately, Credit Suisse Group decreased their target price on Signify from €50.00 ($53.76) to €40.00 ($43.01) in a research report on Tuesday, May 24th.

Signify stock opened at $40.81 on Friday. Signify has a 12-month low of $35.18 and a 12-month high of $64.52. The business’s 50-day moving average price is $40.17 and its two-hundred day moving average price is $45.78.

About Signify (Get Rating)

Signify N.V. provides lighting products, systems, and services in Europe, the Americas, and internationally. The company operates through Digital Solutions, Digital Products, and Conventional Products segments. It offers light-emitting diode (LED) and conventional luminaires, systems, and services for various market segments comprising offices, commercial buildings, shops, hospitality, industry, agriculture, and outdoor environments.

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