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<Research>DBS Elevates SUNNY OPTICAL's TP to $110, Rating Kept Buy
Recommend 6 Positive 21 Negative 10 |
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DBS Group Research has issued a report predicting SUNNY OPTICAL (02382.HK)'s 2023-26 earnings to grow at a CAGR of 73% on the back of the accelerated adoption of AI smartphones and the rise of humanoid robots in China. In addition, the upgrade in optical component specifications for robotic applications and AI smartphones is expected to drive the high-end development of optical parts and lift the average selling price and profit margin of products. DBS Group Research raised its 2025-26 earnings forecasts for SUNNY OPTICAL by 3% and 7% respectively and its target price from $106 to $110, with a Buy rating remaining in place. AAStocks Financial News |
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