In a Thursday report, CIMB analyst William Tng believes AEM is making good progress with its key customer, presumably chipmaker Intel.
SINGAPORE (Mar 2): CIMB is maintaining its “add” call on AEM Holdings with a higher target price of $8.19 from $6.62.
This comes after AEM's FY17 net profit of $31.5 million came in 6% above the research house’s forecast.
