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Fly News Breaks for February 5, 2020
UMC
Feb 5, 2020 | 11:27 EDT
China Renaissance analyst Szeho Ng upgraded UMC to Buy from Hold with an NT$18 price target.
News For 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."
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