STOCKS | Bernstein Favors Siemens, Siemens Energy, and Schneider Electric on Data Center Demand

On November 3, Bernstein named Siemens, Siemens Energy, and Schneider Electric among its top European capital goods picks, assigning all three outperform ratings as data center investment boosts demand for power systems, energy infrastructure, and industrial automation equipment. According to Sina Finance, Bernstein set price targets of 330 euros for Siemens, 210 euros for Siemens Energy, and 340 euros for Schneider Electric, citing data center-related demand for power, energy infrastructure, and electrical systems.