Citigroup: Raise ASM Pacific Technology Ltd (00522.HK) target price to 250 Hong Kong dollars, maintain "buy" rating.
According to the Wise Finance APP, Citigroup has released a research report stating that they have raised their net profit forecast for ASMPT (00522.HK) by 3% in 2026 and 30% in 2027, and have raised their target price from 180 Hong Kong dollars to 250 Hong Kong dollars. Despite the recent short-term fluctuations after a 90% increase in stock price, this does not change ASMPT's structural outlook. They maintain a "buy" rating.
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