Information Provided By:
Fly News Breaks for December 4, 2019
UMC
Dec 4, 2019 | 15:41 EDT
CLSA analyst Sebastian Hou upgraded UMC to Buy from Outperform.
News For UMC;UMC From the Last 2 Days
UMC
Apr 24, 2024 | 11:31 EDT
Citi analyst Laura Chen upgraded UMC to Buy from Neutral with a NT$58 price target after the company posted better-than-expected Q1 results. UMC expects wafer shipments to rise by a low-single digit percentage quarter-over-quarter with average selling price staying firm, notes the analyst, who sees a "gradual improvement on the way."