[ET Net News Agency, 4 March 2024] Morgan Stanley lowered the target price for Linmon
Media (09857) to HKD6.9 from HKD23.4 and maintained the "equal-weight" rating.
The research house said revenue and profit growth likely remained lacklustre in 2H23
amid pipeline delays. Linmon Media's long-term growth potential (capacity expansion, new
monetization levers) still exist, but risks in unlocking it appear high. (RC)