Daiwa lowered the target price for LK Tech (00558) to HKD4.4 from HKD6 and maintained the "buy" rating.
The research house said it cuts FY25-27E revenue by 12-15% and EPS by 31-35% as it expects demand for mega die-casting machines to remain weak.
03/12/2024 14:35
Daiwa lowered the target price for LK Tech (00558) to HKD4.4 from HKD6 and maintained the "buy" rating.
The research house said it cuts FY25-27E revenue by 12-15% and EPS by 31-35% as it expects demand for mega die-casting machines to remain weak.
Previous︰03/12/2024 15:15 {I-bank focus}Citi lowers HK & China Gas (00003) to HKD6.3
Next︰02/12/2024 15:35 {I-bank focus}BOCI lowers China Gas Hold (00384) to HKD7.58
04/12/2024 15:32 {I-bank focus}HSBC downgraded Cathay Pacific to "reduce"
04/12/2024 14:39 {I-bank focus}CCB lowers China Edu Group (00839) to HKD4.6
03/12/2024 16:00 {I-bank focus}Morgan raises Pop Mart (09992) to HKD113
02/12/2024 15:03 {I-bank focus}BOCI raises Meituan (03690) to HKD207.09
02/12/2024 14:34 {I-bank focus}Nomura lowers Meituan (03690) to HKD212
Stocks
Futures
Warrants / CBBC
ETF
HK GoGoGoN