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09690 TUHU-W
RTNominal down15.400 -1.740 (-10.152%)
Others

22/01/2025 14:35

{I-bank focus}Morgan Stanley lowers TUHU (09690) to HKD22

[ET Net News Agency, 22 January 2025] Morgan Stanley lowered the target price for TUHU
(09690) to HKD22 from HKD24 and maintained the "overweight" rating.
The research house said it cuts Tuhu's 2024-26 earnings estimates by 3-14%, to reflect
lower ASP due to more sales of proprietary brands, as well as lower gross margin due to
price discounts. (rc)

Remark: Real time quote last updated: 22/01/2025 17:59
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