Koninklijke Philips NV
PHIA: XAMS (NLD)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LP | LOCK|hhQ | LOCK|SDF |
Philips Earnings: Demand Deteriorates in China, We See an Improvement Elsewhere
Philips dialed down its full-year outlook on deteriorating China demand. Shares are down materially as investors see uncertainty in China extending beyond 2024.
