Affin Research maintains Buy on MPI, higher TP


KUALA LUMPUR: Affin Research has maintained its Buy on MPI with a target price of RM6.25 for its strong quarterly results, based on an unchanged PE target of 14 times CY14 EPS.

In a note on Tuesday, Affin said it likes MPI’s deliberate shift into the fast and growing smartphone and tablet segment, which is bearing fruit.

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Affin Research , MPI , smartphone , tablets , Buy

   

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