Silex Microsystems is trading at SEK 173.00, up 5.26%, with no reported explanation for the rise.

  • On October 13, SEB raised its recommendation to Hold from Sell and its price target to SEK 167 from SEK 149.
  • SEB cited growth potential in optical circuit switching, while noting high valuation and expected costs from U.S. expansion.
  • The supplied sector context is negative and does not explain the gain.