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<Research>Citi Opens Upside 30-day Catalyst Watch on SUNNY OPTICAL (02382.HK)
Recommend 21 Positive 41 Negative 11 |
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Citi Research released a research report opening an upside 30-day catalyst watch on SUNNY OPTICAL (02382.HK), and saying that the HUAWEI Pura 70 series will debut in April. New product launches soon may have a positive impact on SUNNY OPTICAL's share price. Citi Research rated SUNNY OPTICAL at Buy, with a target price of $63.5. The release of new flagship model by Huawei may drive the growth of China's smartphone shipments, triggering a shift of funds to the smartphone supply chain, Citi Research said. Citi Research believed that SUNNY OPTICAL is one of the beneficiaries of the specification upgrade trend. In addition to its leading position in handset lenses of the model, the Company may also supply periscope CCM, which will help to drive the growth of average selling price and profit of the product. AAStocks Financial News |
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