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Revisions

Venture wins over analysts over with results and plans

Broker's Calls

Venture wins over analysts over with results and plans

Benjamin Cher Published on Tue, Nov 08, 2016 / 11:44 AM GMT+8

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SINGAPORE (Nov 7): Venture Corporation, the provider of electronic manufacturing services (EMS) and original design manufacturing (ODM), has won the favour of UOB Kay Hian and DBS.

Citing its outstanding 3Q16 results and plans for growth, UOB is maintaining a “buy” with a target price of $10.90 while DBS is upgrading the stock to a “buy” with a target price of $11.

(See also: Venture posts 16.9% earnings growth to $47.4 mil for 3Q)

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