Morgan Stanley lowered the target price for WuXi XDC (02268) to HKD39 from HKD40.6 and maintained the "overweight" rating.
The research house said the revenue forecasts are revised by 7%, 1%, and -4% for 2024, 2025, and 2026, respectively, due to an enlarged revenue base from reported 2023 financials and fewer CMO projects in 2025 and 2026.
etnet榮獲HKEX Awards 2023 「最佳表現證券數據供應商」大獎► 了解詳情