Jefferies upgrades Lingyi Itech stock rating to Buy on iPhone ASP hike potential
PositiveFinancial Markets

Jefferies has upgraded Lingyi Itech's stock rating to 'Buy', citing the potential for increased average selling prices (ASP) of iPhones. This upgrade is significant as it reflects confidence in Lingyi Itech's ability to benefit from the growing demand for iPhones, which could lead to higher revenues and profits. Investors may see this as a positive indicator for the company's future performance.
— Curated by the World Pulse Now AI Editorial System