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<Research>CMBI Positive on iPhone Replacement Cycle, Reiterates Buy on BYD ELECTRONIC/ AAC TECH/ SUNNY OPTICAL
Recommend 25 Positive 49 Negative 32 |
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Apple (AAPL.US)'s revenue for 1FQ ended December 2024 increased by 4% YoY to US$124.3 billion, with EPS at US$2.4, exceeding market expectations, CMBI released a research report saying. The broker held a positive view on the iPhone replacement cycle and reiterated a Buy rating on BYD ELECTRONIC (00285.HK), AAC TECH (02018.HK), and SUNNY OPTICAL (02382.HK). Target prices are shown in the table below. Stock | Investment Rating | Target Price BYD ELECTRONIC (00285.HK) | Buy | $48.66 AAC TECH (02018.HK) | Buy | $40.83 FIT HON TENG (06088.HK) | Buy | $4.79 Q TECH (01478.HK) | Buy | $6.79 SUNNY OPTICAL (02382.HK) | Buy | $72.52 AAStocks Financial News |
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