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<Research>G Sachs Initiates Coverage on MONTAGE TECH w/ Rating Buy, TP HKD268
Recommend 9 Positive 11 Negative 3 |
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Goldman Sachs has released a report initiating coverage on MONTAGE TECH (06809.HK) with a Buy rating and a target price of HKD268. According to the report, MONTAGE TECH, as a global leader in memory interconnect chips, is expected to hold a market share of 36.8% based on 2024 revenue. Goldman Sachs anticipates MONTAGE TECH's growth to be driven by the increasing demand for advanced memory interconnect technology in cloud computing and AI infrastructure. With the growing demand and rapid product expansion, the company's revenue is estimated to grow at a CAGR of 35% from 2025 to 2032. AAStocks Financial News |
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