[ET Net News Agency, 29 March 2021] Macquarie Research lifted its target price for Q
Technology Group (01478) to HK$21.6 from HK$16.4 and maintained its "buy" rating.
The research house said Q Tech reported mixed 2020 results. The company guided camera
module shipments to be up >30% in 2021, driven by a more balanced customer portfolio, and
confidence in customer allocation.
Macquarie raised its 2021-22 net profit forecasts by 37%/35%. (KL)