Barclays Capital cuts target price on HTC shares to NT$340
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Barclays Capital cuts target price on HTC shares to NT$340

Shanghai : China | May 25, 2012 at 5:31 AM PDT
Source: Taiwan News
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Taipei, May 25 (CNA) Barclays Capital Friday cut its target price on shares of Taiwan-based smartphone vendor HTC Corp. to NT$340 ( US $11.49) from NT$500 due to concerns over escalating competition. The brokerage also lowered its recommendation on the stock to "underweight" from "equalweight."... FULL ARTICLE AT Taiwan News
 
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