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<Research>CLSA Keeps Rating Outperform for WUXI APPTEC (02359.HK), Raises TP to $143.4
Recommend 5 Positive 4 Negative 3 |
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CLSA published a research report keeping rating at Outperform for WUXI APPTEC (02359.HK), and raising its target price to $143.4. The broker expected WUXI APPTEC to benefit from a rebound in outsourcing demand and reduced policy uncertainty, and saw significant earnings growth in 2026. The report mentioned three major catalysts in 1Q26 that could drive WUXI APPTEC's share price performance, including an industry summit on 12-15 January, which will update the latest outlook for the CRO industry and is expected to boost market confidence; the announcement of the US Department of Defense's 1260H list between January and February, which is likely to alleviate market concerns about policy uncertainties; the Company's 2026 results guidance in March will further confirm its earnings growth potential. AASTOCKS Financial News Website: www.aastocks.com |
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