[ET Net News Agency, 17 February 2021] UOB Kay Hian lifted its target price for Sunny
Optical Technology (02382) to HK$275 from HK$220 and maintained its "buy" rating.
After the robust shipments for both the smartphone market and Sunny Optical in January,
the research house believes risks to its full-year 2021 shipment assumptions lie on the
upside, due to the "stay-at-work" abnormality during this year's Chinese New year and a
potentially smaller-than-expected impact from a semiconductor shortage.
Smartphone camera upgrades are also on track with more exciting new launches coming in
the next 2-3 months. UOBKH is certain that Sunny has entered into rapid earnings upcycle
starting from this year onwards. (KL)
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02382 SUNNY OPTICAL
Nominal 
35.350 -2.150 (-5.733%) Research Report
17/02/2021 14:00
{I-bank focus}UOBKH lifts Sunny Optical (02382) to HK$275
| Remark: | Real time quote last updated: 19/04/2024 10:50 |
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