His move follows the 70.8% y-o-y jump in the burnt-in tester’s earnings to $1.98 million in its 1HFY2022 ended Dec 31 2021.
RHB Group Research has upgraded its call on Avi-Tech to “buy” from “hold” at the same target price of 42 cents.
This is expected to give the counter a 17% upside from its 36 cent price, analyst Jarick Seet writes in a Feb 14 note.
