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<Research>M Stanley Cuts TP for WUXI XDC (02268.HK) to HKD86, Rating Overweight
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As WUXI XDC (02268.HK) recently disclosed preliminary results for 2025, with a decline in operating margins, Morgan Stanley trimmed its earnings forecast for 2026-30 by 1-2%, and the target price was adjusted down by 2%, from HKD88 to HKD86, the broker said in a research report. Besides, the broker predicted that the adjusted net profit CAGR for WUXI XDC from 2024 to 2027 will reach 36%, well above global peers. It assigned an Overweight rating on the company, optimistic about the company's profit growth and higher visibility, margins expansion potential, and industry leadership. AASTOCKS Financial News |
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