HSBC Global Research raised the target price for Fuyao Glass (03606) to HKD50.6 from HKD46.1 and maintained the "buy" rating.
The research house said it raises earnings estimates by 2% in 2024, 2% in 2025, and 5% in 2026, mainly on higher revenue estimates driven by continuous order wins and a better GPM outlook on enhanced US factory efficiency.
WoW WoW星期三:健康網購產品低至$99 (只限今天)► 火速行動