[ET Net News Agency, 24 October 2024] BOCI raised the target price for Xtep Int'l
(01368) to HKD7.1 from HKD6.2 and maintained the "buy" rating.
The research house said despite Xtep's management viewing 3Q24 operating performance to
miss expectations (core Xtep brand's retail sell-through achieving mid S.D. YoY growth),
it believes the performance is not that bad, as other operating metrics were within
healthy levels. (rc)