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55484 UB#HSI RC2612P (R BULL)
RT Nominal down0.450 -0.050 (-10.000%)

24/07/2024 15:00

{I-bank focus}UBS lowers Chow Tai Fook (01929) to HKD12.3

[ET Net News Agency, 24 July 2024] UBS lowered the target price for Chow Tai Fook
(01929) to HKD12.3 from HKD13.6 and maintained the "buy" rating.
The research house said it cuts FY25-27E EPS by 4-12% factoring in pressured sector
demand by volatile gold price in the near term, and CTF's store network optimization. (rc)

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