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<Research>CCBI Adds UBTECH ROBOTICS TP to HKD125, Rating Outperform
Recommend 8 Positive 13 Negative 2 |
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CCBI has issued a report giving UBTECH ROBOTICS (09880.HK) an Outperform rating and raising its target price from HKD115 to HKD125. According to the report, UBTECH ROBOTICS delivered positive results for 1H25, with a 27.5% YoY revenue growth and significantly reduced costs. In contrast to reduced revenue from its logistics and customized robots, its educational and consumer robots saw increased revenue. The company also recorded a drop in its GPM, expenses, and net loss at the same time. AAStocks Financial News |
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