Delta Electronics: Foreign Investors Raise Target Price to 435 Yuan, Expected to Earn 2 Times the Stock Capital in the Coming Year

Reported 11 months ago

Delta Electronics' business is fully recovering and initiating! Asian foreign investors stated that Delta Electronics' AI layout, participation in GB200 and related infrastructure projects, are performing better than expected in the second half of this year. They upgraded the rating from outperform to buy and raised the target price from 320 yuan to 435 yuan. They believe that Delta Electronics will excel in the industry wheel rotation, forecasting a 17% and 11% increase in earnings per share for this and next year.

Source: YAHOO

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