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JP Morgan slashes target price of Compal Communications to NT$70

Commercial Times, March 7; Steve Shen, DIGITIMES Asia Wednesday 7 March 2007 0

JP Morgan Securities recently slashed its target price for the stock of Taiwan-based Compal Communications, a major ODM handset maker for Motorola, to NT$70 (US$2.12) from NT$92 on declining operating margins and global market share of Motorola, according...

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