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<Research>JPM Lifts ASMPT (00522.HK) TP to $130, Keeps Overweight Rating
Recommend 2 Positive 1 Negative 4 |
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ASMPT (00522.HK) is now poised to benefit from the robust growth in advanced packaging equipment investment and the recovery in mainstream semiconductor solutions, JPMorgan issued a research report saying. In addition, the Company implemented stricter operational expense management, which should help enhance operational leverage in the coming quarters. Therefore, the broker kept rating at Overweight on ASMPT, and lifted its target price from $125 to $130. AASTOCKS Financial News Website: www.aastocks.com |
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