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23487 UB-WXAT@EC2411A (CALL)
RT Nominal unchange0.010 0.000 (0.000%)

06/03/2024 14:29

{I-bank focus}Nomura lowers Wuxi Apptec (02359) to HKD86.23

[ET Net News Agency, 6 March 2024] Nomura lowered the target price for Wuxi Apptec
(02359) to HKD86.23 from HKD121.70 and maintained the "buy" rating.
The research house said it trims FY23F/24F revenue forecasts by 2.2%/2.1% in view of the
dimmer growth outlook for the company's chemistry business. (RC)

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