Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
MIDEA GROUP Spikes ~6%, Initiated Buy by Citi
Recommend 4 Positive 5 Negative 4 |
||||
|
||||
|
MIDEA GROUP (00300.HK) opened 1.56% higher today (23rd) with the increment broadening. Peaking at $69.15, it last reported at $67.7, up 5.78%, and has grossed 24% upswing since its debut last Tuesday (17th). Citi initiated MIDEA GROUP at Buy, with a target price of $90.08. Citi expected mainland China to accelerate the implementation of policies to promote the "trade-in" of consumables. The broker believed that home appliances will be the consumer industry that benefits the most in 2H24, and that MIDEA GROUP's sales growth will also expedite in 2H24. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
