[ET Net News Agency, 15 October 2021] Credit Suisse lowered its target price for Ping
An (02318) to HK$85 from HK$92 and maintained its "outperform" rating.
The research house said it estimates mid-single digit OPAT growth in 9M21, implying a
deceleration in 3Q, as dragged by slower residual margin release and further investments
in tech, etc. (RC)