[ET Net News Agency, 26 November 2024] Macquarie lowered the target price for Want Want
China (00151) to HKD4.7 from HKD6.4 and downgraded the rating to "neutral" from
"outperform".
The research house said it lowers FY25E/FY26E/FY27E net income 9.0%/9.4%/11.2% to factor
in whole milk powder price inflation and weaker-than-expected top-line growth. (rc)