UBS Warburg: Asustek’s gross margin declined further in 3Q

Emma Wang, Taipei; Christy Lee, DIGITIMES Asia Monday 28 October 2002 0

UBS Warburg downgraded its investment recommendation for Asustek Computer stock from “hold” to “reduce” and set its 12-month target price at NT$72, estimating that the motherboard maker saw its gross margin fall further in the...

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