[ET Net News Agency, 22 April 2024] Morgan Stanley lowered the target price for
Jiumaojiu (09922) to HKD5.5 from HKD9 and downgraded the rating to "equal-weight" from
"overweight".
The research house said it cuts EPS estimates 14% for 2024, 16% for 2025, and 31% for
2026 on weaker table turns and ASP trends YTD. (rc)