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Bernstein Starts Asian Semi Stocks: TSM at Outperform, SPIL, ASX, UMC at Market Perform, SMI at Underperform

August 2, 2011 10:58 AM EDT
Get Alerts TSM Hot Sheet
Price: $136.05 -0.47%

Rating Summary:
    15 Buy, 7 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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An analyst at Bernstein initiated coverage on seven Asia-based stocks in the Semi sector Tuesday morning:
  • Taiwan Semi (NYSE: TSM) with an Outperform rating and a $15 price target
  • MStar with an Outperform rating
  • Silicon Precision (Nasdaq: SPIL) with a Market Perform rating and a $5.80 price target
  • Advanced Semi Engineering (NYSE: ASX) with a Market Perform rating and a $5.50 price target
  • United Micro (NYSE: UMC) with a Market Perform rating and a $2.40 price target
  • Semiconductor Manufacturing (NYSE: SMI) with an Underperform rating and a $1.80 price target
  • MediaTek with an Underperform rating
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