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Perplexityhttps://www.tipranks.com/news/the-fly/aac-technologies-upgraded-to-buy-from-hold-at-jefferies-3 Jefferies analyst Jacky He upgraded AAC Technologies (AACAY) to Buy from Hold with a price target of HK$60, up from HK$48. Second half revenue beat the firm’s and consensus estimates and management guided 2025 revenue to grow by double-digits, the analyst tells investors. Original equipment makers looking for hardware innovation to load AI features could raise demand for optic, thermal, and sensor and AAC is “capable of most,” the analyst added. Light Up your Portfolio with Spark: Easily identify stocks' risks and opportunities. Discover stocks' market position with detailed competitor analyses. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders’ Hot Stocks on TipRanks >> Questions or Comments about the article? Write to [email protected] View Comments
AAC Technologies upgraded to Buy from Hold at Jefferies
21 March 2025 03:30 PM GMT
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