DBS initiates 'buy' on Nanofilm with TP of $6.22 on proprietary technology, growth opportunities
Atiqah Mokhtar • • 2 min read
The TP of $6.22 represents 34% potential upside.
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DBS Group Research has initiated coverage on Nanofilm Technologies International with a ‘buy’ call and a target price of $6.22, representing about 34% potential upside.
The rating is underpinned by Nanofilm’s highly-adaptable proprietary vacuum coating technologies, which DBS analyst Lee Keng Ling says is superior to conventional technology and sets Nanofilm apart from competitors.
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