[ET Net News Agency, 18 May 2026] Citi lowered the target price for Leapmotor (09863) to HKD98 from HKD100 and maintained the "buy" rating.
The research house said it slightly cuts 2026-28E GPM forecasts by 0.3-0.5ppt to 14.5%/14.7%/14.9% with NP forecasts down by 7-13% to Rmb3,621/5,713/7,386mn. (rc)
The research house said it slightly cuts 2026-28E GPM forecasts by 0.3-0.5ppt to 14.5%/14.7%/14.9% with NP forecasts down by 7-13% to Rmb3,621/5,713/7,386mn. (rc)