[ET Net News Agency, 26 May 2022] Nomura lowered its target price for Kuaishou (01024)
to HK$85 from HK$100 and maintained its "buy" rating.
The research house said it lowers FY22F/23F revenue by 4%/2% on pandemic impact but
raises non-GAAP operating margin by 2.4pp/1.3pp on cost cuts. (RC)