Citi lowered the target price for BYD Electronic (00285) to HKD39 from HKD47 and maintained the "buy" rating.
The research house said incorporating 1Q24 results, it cuts 2024/25/26E by 18%/13%/11% as it expects GPM improvement will be milder and factors in the intangible assets amortization impact.
【母親節限時優惠】 送價值$288維柏健30天逆轉肌齡(膠原蛋白+生物素) ► 火速行動