MARKET TALK: Execution Noble Keeps Buy On IQE After Robust 1H

15th Jul 2010 10:00

0900 GMT [Dow Jones] Execution Noble keeps buy rating for semiconductor wafer company IQE (IQE.LN). Says IQE's exposure to growth markets and its diversified customer base and operational leverage led to a robust first half. Adds that commentary from key customers remains bullish. Upgrades its 2010 earnings per share forecasts around 19%. Keeps 26p target price. Shares +14% at 22p. ([email protected]) Contact us in London. +44-20-7842-9464 [email protected] (END) Dow Jones Newswires July 15, 2010 05:00 ET (09:00 GMT)

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