Street Calls of the Week
Investing.com - Morgan Stanley has upgraded Fadu Inc (KS:440110) stock rating from Equalweight to Overweight on Monday.
The upgrade comes as Morgan Stanley positions Fadu as a pure-play eSSD controller supplier in Korea, highlighting its direct exposure to PCIe Gen5/6 controllers as a strategic advantage for gaining market share with hyperscalers.
The firm raised its price target to KRW12.00, recognizing Fadu’s potential for growth in the enterprise solid-state drive (eSSD) market.
Morgan Stanley noted that Fadu is "emerging as the purest leverage to eSSD adoption and NAND recovery," suggesting the company is well-positioned to benefit from current market trends.
The research firm specifically pointed to Fadu’s hyperscaler exposure and Gen5/6 technology transition as key factors that could drive "structural upside" for the company.
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