From Yahoo Finance: 2025-03-21 11:30:00

AAC Technologies (AACAY) was upgraded to Buy from Hold by Jefferies analyst Jacky He, with a price target of HK$60, up from HK$48. Second half revenue beat estimates and management expects 2025 revenue to grow by double-digits. Original equipment makers seeking hardware innovation for AI features could increase demand for optic, thermal, and sensor components, in which AAC is proficient. The analyst is optimistic about the company’s capabilities and growth potential.

Source: TheFly



Read more at Yahoo Finance: AAC Technologies upgraded to Buy from Hold at Jefferies