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Trio-Tech: Sell Thesis Played Out, Upgrading To A Hold
Trio-Tech, a technology company, has seen its stock price decline in recent months, leading analysts to downgrade their ratings on the company.
The company's earnings have been negatively impacted by supply chain disruptions and increased competition in its core markets.
Analysts are now recommending a 'hold' rating on the company's stock, noting that its turnaround prospects are uncertain.
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