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<Research>Nomura Lifts WUXI APPTEC's TP to HKD157.07; This Yr's Revenue Expected to Beat
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WUXI APPTEC (02359.HK) has issued a positive profit alert estimating its 4Q25 revenue/ net profit to have grown by 9.2%/ 142% YoY to RMB11.7 billion/ RMB7.1 billion, according to Nomura's research report. Looking ahead to FY26, WUXI APPTEC's revenue is anticipated to rise by 16% YoY to RMB52.6 billion on strong performance in the chemical business, beating the market expectation of RMB51.1 billion, while earnings will climb by 3% YoY to RMB19.6 billion. Nomura has raised WUXI APPTEC's target price from HKD132.8 to HKD157.07, with a Buy rating. AAStocks Financial News |
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