’Reddit is built for this moment’ - Stock soars on crushed earnings
On Wednesday, Morgan Stanley (NYSE:MS) analysts adjusted their outlook for Delta Electronics Inc. (2308:TT), raising the price target to NT$485 from the previous NT$440. The Overweight rating for the company remains unchanged.
The analysts highlighted Delta Electronics as their top pick, citing the company’s advancements in 800V HVDC power solutions for AI data centers and factories. They believe these technological innovations will lead to significant project acquisitions and bolster earnings growth.
Delta Electronics is recognized for its technology leadership and comprehensive power solution offerings, which are expected to contribute to its future success. The company is positioned to benefit from the increasing demand for advanced power solutions in various sectors.
The revised price target reflects Morgan Stanley’s confidence in Delta Electronics’ strategic direction and potential for sustained growth through 2027.
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