Aztech Global's Order Book May Recover in 2026 -- Market Talk

Dow Jones

02-18

0726 GMT - Aztech Global's order book may recover in 2026, CGS International's William Tng says in a research report. A key customer for the electronics-product manufacturer may still need some time to digest excess inventories before a potential order rebound in 2026, the analyst says. The company will also likely continue efforts to achieve customer diversification, Tng says, noting the company has been engaging potential and current customers in new product activities. The brokerage upgrades the stock to add from reduce as a recent order-book slowdown has probably been priced in. CGS raises the target price to S$0.82 from S$0.78. Shares are 5.8% higher at S$0.73. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

February 18, 2025 02:26 ET (07:26 GMT)

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A key customer for the electronics-product manufacturer may still need some time to digest excess inventories before a potential order rebound in 2026, the analyst says. The company will also likely continue efforts to achieve customer diversification, Tng says, noting the company has been engaging potential and current customers in new product activities. The brokerage upgrades the stock to add from reduce as a recent order-book slowdown has probably been priced in. CGS raises the target price to S$0.82 from S$0.78. Shares are 5.8% higher at S$0.73. 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Shares are 5.8% higher at S$0.73. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 18, 2025 02:26 ET (07:26 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0}}}