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02359 WUXI APPTEC
RTNominal up34.450 +0.050 (+0.145%)
Research Report

30/04/2021 17:17

{I-bank focus}GS raises Wuxi Apptec (02359) to HK$227.6

[ET Net News Agency, 30 April 2021] Goldman Sachs raised its target price for Wuxi
Apptec (02359) to HK$227.6 from HK$202.3 and maintained its "buy" rating.
The research house said it sees the accelerated 1Q growth further validating its
constructive view on the company as a global pharma/biotech innovation enabler. It views
the strong growth momentum to continue in 2021 and see the company's new capabilities
expansion (e.g. AAC vector suspension platform) to drive mid-to-long term growth. (RC)

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