Glonghui, March 25 | Citi released a report stating that Ruisheng's management is confident about this year's prospects and expects a natural increase of 10% to 15% this year with the support of specification upgrades. Management expects that with product portfolio upgrades and breakthroughs in wafer-grade glass (WLG) technology, the optical business is expected to turn a loss into a profit in the second half of this year. As for artificial intelligence (AI), it provides opportunities for acoustic specification upgrades and vacuum chamber heat dissipation vacuum chamber (vapor chambers). The bank's outlook for Ruisheng's stock price became more positive, maintaining its “buy” rating, and the target price was raised from HK$25 to HK$26.
大行评级|花旗:上调瑞声目标价至26港元 维持“买入”评级
Big Bank Rating | Citibank: Raise Ruisheng's target price to HK$26 to maintain a “buy” rating
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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