Essence Securities assigns "Buy" rating to Advanced Micro-Fabrication Equipment.
Jul 17, 2023 (China Knowledge) - Essence Securities released a research report assigning a "Buy" rating to Advanced Micro-Fabrication Equipment (688012), with a target price of RMB 167.85.
The report highlighted Advanced Micro-Fabrication Equipment continues to gain market share in the etching equipment sector, resulting in sustained high revenue growth. The company's product development is progressing smoothly, and it is experiencing an increasing market share across multiple business segments.
Risks to consider include the potential decline in downstream demand, intensified market...
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