Goldman Sachs downgraded Asustek Computer (ASUUY) to Neutral from Buy with a price target of NT$672, down from NT$854. The firm sees relatively lower earnings growth ahead for the company amid rising computer costs.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ASUUY:
- Asustek Computer announces ‘Always Incredible’ launch event
- ASUS Republic of Gamers announces CES 2026 ROG launch event
- “Could Set Microsoft Back”: Microsoft Stock (NASDAQ:MSFT) Gains Despite Roster Loss
- Game On: Ubisoft’s ‘Far Cry’ getting adaptation, Valve’s Steam Deck on sale
- U.S. video game spending grew 3% y/y in October, says Circana