[ET Net News Agency, 20 July 2021] Macquarie lowered its target price for Q Tech
(01478) to HK$18.95 from HK$21.6 and maintained its "outperform" rating.
The research house said it reduces both camera module shipments to better reflect the
guidance and 1H21 gross margin and it increases opex due to R&D and listing expenses,
reducing 2021-22 net profit by 12%/8%. (RC)