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57932 CT#MTUANRC2507A (R BULL)
RT Nominal up0.192 +0.005 (+2.674%)

25/03/2024 15:47

{I-bank focus}Morgan raises Meituan (03690) to HKD100

[ET Net News Agency, 25 March 2024] Morgan Stanley raised the target price for Meituan
(03690) to HKD100 from HKD85 and maintained the "equal-weight" rating.
The research house said it remains conservative as it thinks the recent strong share
price (+38% since Feb) has factored in loss reduction expectations and a solid core
business performance YTD. (RC)

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