DBS Group Research has initiated coverage on Nanofilm Technologies International with a ‘buy’ call and a target price of $6.22, representing about 34% potential upside.

The rating is underpinned by Nanofilm’s highly-adaptable proprietary vacuum coating technologies, which DBS analyst Lee Keng Ling says is superior to conventional technology and sets Nanofilm apart from competitors.

SEE:NanoFilm Technologies: Tech firm that taps IP to build moats and drive growth

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