German conglomerate Siemens (SI) highlights the difference between "value" and "cheap for a reason". While management has twice come out to say that full-year targets would prove to be "ambitious" and hard to reach, they nevertheless stuck by them. Now investors have to digest some pretty troubling data on profits and orders that suggests Siemens has more self-improvement ahead of it.
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Siemens Is Going To Struggle With Credibility