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<Research>Citi Cuts EPS Forecasts for HKEX (00388.HK), Chops TP to $505
Recommend 15 Positive 20 Negative 11 |
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Citi Research issued a research report saying it has updated its model for HKEX (00388.HK). After incorporating trading data on 25 November 2025, the broker slightly lowered its FY2025-2027 EPS forecasts for HKEX by 1%, primarily due to a lowered average daily turnover forecast for Hong Kong stocks by 1-3%. Therefore, Citi Research kept rating at Buy for HKEX, and chopped its target price from $515 to $505. AASTOCKS Financial News Website: www.aastocks.com |
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