Hollysys Automation (HOLI) Tops Q2 EPS by 7c; FY Rev. Guidance Falls Short of Views

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Deutsche Bank Upgrades Hollysys Automation Technologies (HOLI) to Buy

February 15, 2017 9:45 AM EST

Deutsche Bank upgraded Hollysys Automation Technologies (NASDAQ: HOLI) from Hold to Buy with a price target of $20. Analyst Sky Hong thinks earnings will revert to positive growth.

"HOLI's share price has corrected by 10% over the past three months (-6% after market close post the... More