[ET Net News Agency, 13 January 2022] Credit Suisse raised its target price for Want
Want China (00151) to HK$7.9 from HK$6.3 and maintained its "neutral" rating.
The research house said it revises up top-/bottom-line growth estimates for Want Want
China to primarily factor in higher ASP assumptions post price hikes in Jan-2022, as well
as stronger-than-expected Hot Kid Milk growth, partially offset by weaker rice cracker and
snack outlook. (RC)