United Microelectronics (UMC) Misses Q1 EPS by 0.9c, Revenues Miss; '2Q Outlook Stable'

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Morgan Stanley Downgrades United Microelectronics Corp (2303:TT) (UMC) to Equalweight

April 23, 2020 5:49 AM EDT

Morgan Stanley analyst Charlie Chan downgraded United Microelectronics Corp (2303:TT) (NYSE: UMC) from Overweight to Equalweight with a price target of NT$16.00.

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