On November 5, Tianhong Technology (CLS.US) stock price fluctuated higher. As of press release, it had risen 4.96% to $75.91.
The Zhitong Finance App learned that on November 5, Tianhong Technology (CLS.US) stock price fluctuated higher. As of press release, it had risen 4.96% to 75.91 US dollars. According to the news, Barclays Bank analyst George Wang CFA first gave Tianhong Technology a “buy” rating, with a target price of 91 US dollars. Tianhong Technology's third-quarter revenue rose 22% from 2.04 billion US dollars to 2.5 billion US dollars, exceeding analysts' expectations of 2.42 billion US dollars. Its updated 2024 outlook: operating income reached $9.6 billion, higher than the previous forecast of $9.45 billion; adjusted earnings per share of $3.85, up from $3.62 previously.
