TC

30/07/2021 17:15

{I-bank focus}Daiwa lowers Bud APAC (01876) to HK$27.3

[ET Net News Agency, 30 July 2021] Daiwa lowered its target price for Bud APAC (01876)
to HK$27.3 from HK$29.2 and upgraded its rating to "buy" from "outperform".
The research house said it is more positive on BUD APAC's pricing power, as evidenced by
its above-consensus EBITDA margin assumptions. (RC)

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