Macquarie downgrades rating for Foxlink on weak revenue outlook

Kung-tien Huang, Taipei

Apr 17, 2007, 16:45 0

Macquarie Research recently downgraded the rating for the stock of connector specialist Foxlink to 'underperform' from 'outperform' due to the company's weak second-quarter revenue outlook. Macquarie also lowered the stock's target price from NT$128 (US$3.9)...

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