Credit Suisse upgraded Nanya Technology to Outperform from Neutral with a price target of NT$80, up from NT$48.30. The stock’s valuation is "bottoming out" as DRAM inventory peaks and pricing pressure moderates, the analyst tells investors in a research note.the analyst tells investors in a research note.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly