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25066 CI-AAC @EC2501A (CALL)
RT Nominal up0.110 +0.005 (+4.762%)

29/01/2024 15:27

{I-bank focus}Morgan raises AAC Tech (02018) to HKD26

[ET Net News Agency, 29 January 2024] Morgan Stanley raised its target price for AAC
Tech (02018) to HKD26 from HKD18 and upgraded its rating to "overweight" from
"equal-weight".
The research house said industry recovery and the company's mix improvement will help
narrow the optical business' losses materially in 2024. Market share gains in acoustics,
haptics and new casing orders could also drive up earnings. (RC)

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