bullish
Tokyo Electron (8035) | WFE Scenarios Suggest Stock May Have Hit Bottom
328 Views25 Oct 2022 04:24
IF WFE spend comes in at around $70 billion, we believe that TEL's stock could be worth around 33,000 yen. Given that the stock hit a recent low of 34,550 yen, the stock may well have bottomed out
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Mark Chadwick
Japan Specialist
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