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02269 WUXI BIO
RTNominal up18.240 +0.680 (+3.872%)
Research Report

05/12/2023 14:25

{I-bank focus}Jefferies lowers WuXi Bio (02269) to HKD69

[ET Net News Agency, 5 December 2023] Jefferies lowered its target price for WuXi Bio
(02269) to HKD69 from HKD90 and maintained its "buy" rating.
The research house said the lower PT reflects possible volatility from sentiment on
geopolitical tension and on concerns over further/longer duration of current rate hike.
However, sentiment on abovementioned factors may change rapidly as they are macro related,
rather than company-specific. (RC)

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