TA Research said due to the greater clarity on the group’s order visibility, it upgraded its FY21 and FY22 earnings for Unisem by 3.2% and 7.0%.
KUALA LUMPUR: TA Research is retaining its buy call on chip-maker Unisem with a higher target price of RM6.73 from the previous RM6.52 as it remains upbeat on its orders for wafers.
It said on Thursday from its recent engagement with management, the order visibility for Unisem remains clear in 4QFY20 and the foreseeable term.
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