Applied Films "overweight," target price raised

Analysts at Lehman Brothers maintain their "overweight" rating on Applied Films. The target price has been raised from $18 to $24.

In a research note published yesterday, the analysts mention that the company is expected to reaffirm its near-term outlook for its display segment at the T4 conference scheduled on December 9.The target price has been raised to reflect the recent stabilization in Applied Films' packaging business and a potential improvement in the architectural glass business, the analysts say.

600450 Applied Films "overweight," target price raised glassonweb.com

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