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<Research>Macquarie Drops SUNNY OPTICAL's TP to HKD99 on Slower-Than-Expected Shipment Growth
Recommend 12 Positive 13 Negative 6 |
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According to Macquarie's research report, given that SUNNY OPTICAL (02382.HK)'s leading position in miniaturization, module packaging, lens molding, and voice coil motor (VCM) integration was driving customers to adopt more advanced technologies, the broker kept the company on its Buy list. However, Macquarie cut its 2025-27 net profit forecasts for SUNNY OPTICAL by 4-5% in light of the slower-than-expected growth in shipments of smartphone modules and lenses. The broker chopped its target price for the company by 12% from HKD112.7 to HKD99, with a rating of Outperform. AAStocks Financial News |
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