[ET Net News Agency, 15 January 2026] Daiwa lowered the target price for Nongfu Spring
(09633) to HKD58 from HKD59 and maintained the "buy" rating.
The research house said it lifts 2025E EPS by 2% on higher sales volume forecasts for
2H25, but keeps 2026-27E EPS unchanged. (rc)