[ET Net News Agency, 29 May 2025] Nomura lowered the target price for Meituan (03690) to HKD176 from HKD200 and maintained the "buy" rating.
The research house said it values the food delivery business at USD31bn based on 8x FY25F P/E. (rc)
The research house said it values the food delivery business at USD31bn based on 8x FY25F P/E. (rc)