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.
etnet榮獲HKEX Awards 2023 「最佳表現證券數據供應商」大獎► 了解詳情
