ChipMOS Technologies (Bermuda) Ltd (IMOS) is Reiterated by Cowen to Outperform, Raises Price Target to $ 22

ChipMOS Technologies (Bermuda) Ltd (IMOS) was Reiterated by Cowen to “Outperform” according to the research note released today. The brokerage firm has raised the Price Target to $ 22 from a previous price target of $21 . Cowen advised their investors in a research report released on Aug 11, 2016.

ChipMOS Technologies (Bermuda) Ltd opened for trading at $17.41 and hit $17.64 on the upside on Monday, eventually ending the session at $17.52, with a gain of 0.46% or 0.08 points. The heightened volatility saw the trading volume jump to 1,17,868 shares. Company has a market cap of $478 M.

ChipMOS TECHNOLOGIES (Bermuda) LTD. is a provider of semiconductor testing and assembly services. The Company is a provider of testing and assembly services for liquid crystal display (LCD) and other flat-panel display driver semiconductors in Taiwan and for memory and logic/mixed-signal products in Taiwan and Mainland China. The Company operates in segments including testing services for memory and logic/mixed-signal semiconductors; assembly services for memory and logic/mixed-signal semiconductors; LCD and other flat-panel display driver semiconductor testing and assembly services and bumping services for memory logic/mixed-signal and LCD and other flat-panel display driver semiconductors. The Company provides engineering testing services including software program development electrical design validation reliability and failure analysis. Its Wafer-level CSP (WL CSP) is the technology of packaging an integrated circuit at wafer level.

ChipMOS Technologies (Bermuda) Ltd

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