G Sachs Raises MONTAGE TECH TP to HKD582, Rating Buy

AASTOCKS News
2026.05.27 06:24
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G Sachs has raised its 12-month target price for MONTAGE TECHto HKD582, maintaining a Buy rating. The report highlights optimism over demand for memory interface ICs due to increasing AI workloads and the company's expansion into new product areas. G Sachs expects MRCD and MDB to drive near-term growth, with strong customer interest in their second-generation products, set for launch by 2026-2027.