[ET Net News Agency, 27 November 2023] Daiwa lowered its target price for Cathay
Pacific (00293) to HKD10 from HKD10.3 and maintained its "buy" rating.
The research house said it raises 2023E EPS by 69% to reflect the better-than-expected
net loss for associates and updated operational data.
It expects Cathay Pacific to start distributing dividends in 2024. (RC)