Applied Films "overweight," target price raised

Date: 9 December 2004
Source: Newratings.com

Date: 9 December 2004

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

See more news about:

Others also read

The glass sector has the increasingly widespread requirement of having an unlimited catalogue of parametric shapes and creating new ones in a simple way without being an expert in the field.
Glass Confusion is starting the New Year with Beginning Fused Glass group classes. The three-week course will be held Wednesdays from 10 a.m. to 1 p.m. and again from 5 p.m. to 9 p.m.
Shoaib Akhtar is going to be back on Indian TV screens. He is going to be featured in the new TV ad campaign for Asahi Glass.
Worldwide glass-substrate capacity is expected to continue to grow more than 40% each quarter through 2005, as a result of capacity expansion by existing glass-substrate suppliers and new companies joining the market, according to DisplaySearch.
Western Pennsylvania’s once-thriving glassmaking industry is dwindling, as did the domestic steel industry and for many of the same reasons: competition and cost.
Christmas got a little bluer for the local glass industry this week with the closure of yet another plant.

Add new comment