GFS downgraded at Morgan Stanley on potential pricing pressure from TSMC, China
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Qtrex Quantum executives plan to buy up to 2M shares over 12 months
United Microelectronics Corp (2303:TT) (UMC) PT Lowered to NT$56 at BofA Securities
October 30, 2024 12:01 PM EDTBofA Securities analyst Brad Lin lowered the price target on United Microelectronics Corp (2303:TT) (NYSE: UMC) to NT$56.00 (from NT$60.00) while maintaining a Buy rating.
The analyst comments "We trim our PO to NT$56 from NT$60 and 2024-26E estimates by... More
JPMorgan Downgrades United Microelectronics Corp (2303:TT) (UMC) to Neutral
October 30, 2024 12:01 PM EDTJPMorgan analyst Gokul Hariharan downgraded United Microelectronics Corp (2303:TT) (NYSE: UMC) from Overweight to Neutral with a price target of NT$44.00 (from NT$62.00).
The analyst comments "We downgrade UMC to Neutral with a Jun-25 PT of NT$44, as the cyclical recovery in semis is getting pushed... More
