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Bernstein Keeps Their Hold Rating on Koninklijke Philips N.V. (0LNG)

Tipranks - Tipranks - Wed Apr 1, 6:56AM CDT

Bernstein analyst Susannah Ludwig maintained a Hold rating on Koninklijke Philips N.V. today and set a price target of €25.40.

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Ludwig covers the Healthcare sector, focusing on stocks such as Koninklijke Philips N.V., Siemens Healthineers AG, and Gerresheimer. According to TipRanks, Ludwig has an average return of -9.2% and a 31.48% success rate on recommended stocks.

In addition to Bernstein, Koninklijke Philips N.V. also received a Hold from TipRanks – OpenAI’s OpenAI Health Care GB in a report issued today. However, on the same day, Barclays maintained a Buy rating on Koninklijke Philips N.V. (LSE: 0LNG).

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Based on Koninklijke Philips N.V.’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €5.1 billion and a net profit of €395 million. In comparison, last year the company earned a revenue of €5.04 billion and had a GAAP net loss of €335 million

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