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24617 JPANTAS@EC2503A (CALL)
RT Nominal up0.148 +0.002 (+1.370%)

08/01/2024 14:33

{I-bank focus}Macquarie lowers ANTA Sports (02020) to HKD143

[ET Net News Agency, 8 January 2024] Macquarie lowered its target price for ANTA Sports
(02020) to HKD143 from HKD145 and maintained its "outperform" rating.
The research house said it lifts FY23E net income by 1% but lowers FY24E by 1% to factor
in 4Q23 retail sales trends while factoring in higher SG&A expenses for FY24. (RC)

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