Fook Woo Raised to ‘Buy’ From ‘Neutral’ at UBS After Stock Drop
Stock Chart for UBS AG (UBSN)
Fook Woo Group Holdings Ltd. was raised to “buy” from “neutral” at UBS AG, which said that a recent decline in the shares “provides a good entry point” for investors as the company’s long-term prospects remain unchanged.
The brokerage maintained its share-price estimate of HK$3.20, according to a report by Spencer Leung.
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