Jefferies analyst Nick Cheng upgraded Sunny Optical to Buy from Hold with a price target of HK$77, up from HK$64.30. The analyst believes China’s smartphone volume growth, driven by Android, will continue to show strength.
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Read More on SNPTF:
- Sunny Optical downgraded to Underperform from Buy at CLSA
- Sunny Optical upgraded to Hold from Underperform at Jefferies
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