Koninklijke Philips: Upgrade To Buy Despite Weak Demand From China

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.In October, I downgraded Philips (NYSE: PHG ) ( OTCPK:RYLPF ) stock from buy to hold on sluggish sales in China. Since then, the stock price has dropped 2.7% compared to a 5.3% drop for the S&P 500. In this report, I will discussDhierin runs the in ...