Citing uncertainty brought about by the trade war, Ada Lim of OCBC Investment Research has cut her target price for Nanofilm Technologies International for the second time in a week.

In her April 8 note, Lim now figures the company, which provides coating services for the consumer electronics industry and others, to have a fair value of 59.5 cents.

This follows her April 2 note where she has already reduced her fair value from 73.5 cents to 66.5 cents, given the "softening" outlook.

Nanofilm tumbles 8.16% at 2:35 pm, Apr 9th.