Reported 12 months ago
On July 3, 2024, HSBC Securities upgraded Creative to 'Buy' with a target price of NT$2,300, while Morgan Stanley downgraded Unigroup to 'Underperform' with a target price of NT$500. The analysis indicates potential capital shifts with the differing outlook on these high-priced IC design stocks. Recent conservative sentiments towards Unigroup have led to downgrades from institutions like Haitong International and Morgan Stanley. On the other hand, both domestic and foreign research institutions are showing bullish tendencies towards Creative, with HSBC highlighting its leadership in the HBM4 memory market and estimating significant revenue contributions from this technology in 2026.
Source: YAHOO