[ET Net News Agency, 22 February 2022] Morgan Stanley lowered its target price for WH
Group (00288) to HK$7.6 from HK$7.8 and maintained its "overweight" rating.
The research house said it has lowered EPS estimates for 2022-23 by 3-5%, as it factors
in (1) a lower assumption of volume growth in China's packaged meat business; and (2)
lower OP margins for upstream business in US with lower prices. (RC)