Berenberg upgraded ASMPT to Buy from Hold with a price target of HK$130, up from HK$80. The analyst believes advanced packaging growth is still at an early stage and the company’s overall bookings will gradually recover in 2024.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on ASMVF:
Questions or Comments about the article? Write to editor@tipranks.com