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Analysts more bullish on AEM after stellar 1H20 results, raise TP

Broker's Calls

Analysts more bullish on AEM after stellar 1H20 results, raise TP

Jeffrey Tan Published on Wed, Aug 05, 2020 / 2:50 PM GMT+8

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AEM Holdings’ stellar results in 1H FY20 have led analysts to become more bullish on the stock by raising their respective target prices for the semiconductor system level test and handling solutions company.

See: AEM Holdings 1H20 earnings surge 149.9% to $55.3 mil

DBS Group Research and Maybank Kim Eng now have target prices of $4.96 and $4.26, respectively, up from $3.53 and $4.04 previously.

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