Thu, Aug 01, 2013 - Page 13 News List

HTC expected to post first-ever operating loss in Q3

By Helen Ku  /  Staff reporter

Citigroup retained its “sell” rating for HTC shares and slashed its target price to NT$97 from NT$134, while UBS also kept the same rating and cut its target price to NT$86 from NT$155.

Credit Suisse analyst Pauline Chen (陳柏齡) downgraded HTC stock to “underperform” from “neutral” and cut the target price to NT$120 from NT$180, while JPMorgan kept both its “underweight” rating and its NT$100 target price.

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