KUALA LUMPUR (Aug 16): J.P. Morgan initiated coverage of Inari Amertron Bhd with a recommendation of underweight.
* Price target (PT) set to RM1.95. Inari Amertron average PT is RM2.34.
* Inari Amertron had 8 buys, 6 holds, 0 sells previously: Bloomberg data
* Analysts raised their consensus one-year target price for the stock by 6.4 percent in the past three months. Forecasts range from RM1.79 to RM2.80.