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Fly News Breaks for September 4, 2019
ASX
Sep 4, 2019 | 07:49 EDT
Goldman Sachs analyst Bruce Lu initiated ASE Technology with a Buy rating and NT$87 price target, stating that he expects significant financial benefits to emerge once its merger integration is fully complete. He views ASE's near-term revenue resilience and margin expansion as "too attractive to ignore" despite near-term challenges and new competitors, Lu added.
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