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Express News | Jefferies upgraded Bubble Mart's rating to “Buy”, and the target price increased to HK$30.1.
Damo: Increase the target price of Bubble Mart (09992) to HK$38
Recently, Morgan Stanley released the latest research report, raising the target price of Bubble Mart (09992) from HK$32 to HK$38, which means that the current stock price still has room to rise by 35%. The report indicates that Bubble Mart products are relatively affordable and can benefit from the “lipstick economy” effect, and the company is expected to maintain strong profit strength in 2024. Furthermore, sales and profit are expected to increase by 31% and 32%, respectively, in fiscal year 2024, based on the projected price-earnings ratio of 30 times in 2024. As Bubble Mart continues to increase the layout of overseas stores and new business revenue increases, Morgan Stanley is optimistic about Bubble Mart's profits
Brainhole Technology Acquires Micron, Pop Mart Shares; Sells Sokon
Brainhole Technology (HKG:2203) acquired a total of 23,200 shares in Nasdaq-listed Micron Technology for about $2.6 million on Thursday after trading hours through the open market, according to a Frid
Bubble Mart (9992.HK): Overseas expansion shows initial results, but the risk-benefit ratio shows that the current stock price is fair and reasonable
Both revenue and adjusted net profit for 2023 exceeded our forecasts. Future growth will largely depend on overseas market expansion, and domestic business growth may slow down. Maintaining the “hold” rating and increasing the target price to HK$27.39 (pair
Pop Mart International Group Limited Just Recorded A 6.9% EPS Beat: Here's What Analysts Are Forecasting Next
Shareholders of Pop Mart International Group Limited (HKG:9992) will be pleased this week, given that the stock price is up 18% to HK$27.65 following its latest yearly results. Pop Mart Internat
This week's bullish stocks in Hong Kong | High-performing stocks have a group carnival! Land Control Weekly increased by more than 50%, and Times Angel and Bubble Mart both rose by nearly 20%
Three days of continuous promotion! Hongteng Precision recorded a cumulative increase of 25% during the week, with a cumulative increase of over 70% during the year. Institutions indicated that its growth momentum showed this year; China's Ruyi surged by more than 19% in a single day and surged nearly 33% during the week.
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