Nomura Increases ASMPT's Target Price to HKD125; Maintains Buy Rating
ASMPT's Market Position: ASMPT has been qualified as a potential second supplier for chip on wafer thermal compression bonding (TCB), joining K&S, according to a Nomura research report.
Target Price Increase: Nomura has raised ASMPT's target price from HKD90 to HKD125, maintaining a Buy rating, citing potential revaluation due to expected future orders.
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