Zhongtai Securities Co.Ltd(600918) on August 23, the research report said that the purchase rating of Fibocom Wireless Inc(300638) (300638.sz, latest price: 50.2 yuan) was maintained. The reasons for rating mainly include: 1) the performance is in line with expectations, and Q2 hit a new high of revenue and profit in a single quarter; 2) Continuously increase R & D investment and launch a variety of new products; 3) Accelerate the penetration of laptop modules and expand the business of vehicle modules. Risk tips: industry competition intensifies the risk; Chip supply risk arising from overseas trade disputes; Foreign exchange fluctuation risk; The risk of unsuccessful acquisition and integration; Shareholders’ reduction risk.
AI comments: Fibocom Wireless Inc(300638) in the past month, it has received 11 research reports from securities companies, bought 8 and increased its holdings of 2. The average target price is 77.75 yuan, 27.53 yuan higher than the latest price of 50.22 yuan, and the average target price increases by 54.81%.
(Daily Economic News)
