[ET Net News Agency, 3 January 2025] CCB International lowered the target price for Xinyi Solar (00968) to HKD3.6 from HKD5 and maintained the "outperform" rating.
The research house said it cuts 2024F/2025F/2026F core earnings forecasts by 48%/52%/49% to mainly reflect lower solar glass price and slower volume growth. (rc)
The research house said it cuts 2024F/2025F/2026F core earnings forecasts by 48%/52%/49% to mainly reflect lower solar glass price and slower volume growth. (rc)