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  • Barrons.com9 days ago

    Why This Smartphone Play Has 15% Upside

    AAC Technologies (2018.HK) (HKD67.40, Jul.19, 2016) Daiwa Capital Markets has reiterated its Buy rating and raised its target price on the smartphone component maker to HK78 a share (from (HKD68). What’s new: AAC’s share price has risen by 45% year-to-date, likely driven by the market starting to realise that AAC is immune to muted smartphone volume growth and iPhone inventory adjustments in 1H16, given the ongoing favourable spec upgrade trends we had highlighted (see 2016: a promising year with multiple growth drivers).

  • Barrons.comlast month

    AAC Tech: Apple Pushes For Force Touch, Credit Suisse Raises Estimates

    Apple acoustics supplier AAC Tech (2018.Hong Kong) is back in favor after Apple (AAPL) unveiled operating system upgrades at the annual developers' conference this week. Yesterday, Morgan Stanley said ...