TC

17/04/2024 14:23

{I-bank focus}Morgan lowers Galaxy Ent (00027) to HKD38

  Morgan Stanley lowered the target price for Galaxy Ent (00027) to HKD38 from HKD46 and downgraded the rating to "equal-weight" from "overweight".
  The research house said it also trims 2025e/26e EBITDA by 7-8% on lower market share expectations.

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