Siemens (SI +0.2%) gets some support from Deutsche Bank today, upgrading the shares from Sell to...

|About: Siemens AG (SIEGY)|By:, SA News Editor

Siemens (SI +0.2%) gets some support from Deutsche Bank today, upgrading the shares from Sell to Hold and raising its price target from $70 to $75. Deutsche says that as we get closer to FY14, it expects investors to look through FY2013, which has turned out to be to be a rather messy transition year. SI's exit from Osram and NSN will make it simpler to value, but cautions that the future shape and investment needs of the Infrastructure & Cities sector still remain unclear.