Credit Suisse upgrades Hi-P International (H17.SG) to Neutral from Underperform, lifts target price to $0.75 from $0.40 after increasing FY10-FY12 earnings estimates by 14%-31%, says Dow Jones.
“We turn more optimistic on Hi-P’s earnings outlook, as we expect further smartphone market share gains by Research In Motion,” says Credit Suisse.



