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Merrill Lynch raises target price for Foxconn stock to NT$315

Commercial Times, July 30; Steve Shen, DIGITIMES Asia Monday 30 July 2007 0

Merrill Lynch recently raised its target price for the stock of Foxconn Electronics (Hon Hai Precision Industry) to NT$315 (US$9.57) per share and recommended a 'buy' rating for the stock as the PC industry is entering into a peak season in the third...

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