Bernstein initiated coverage of Advantest with an Outperform rating and 8,180 yen price target The firm is initiating on the Japan Semiconductors sector with a positive view, expecting it to benefit from the secular growth of semiconductor content and capex intensity as a crucial enabler in the global supply chain.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ATEYY: