[ET Net News Agency, 13 December 2023] BofA lowered its target price for Hygeia Health
(06078) to HKD50.4 from HKD62.2 and maintained its "buy" rating.
The research house said due to the revised guidance and updated operation data, it
lowers 2023/24/25E revenue forecast by 0.2%/4%/4% and gross profit by 3%/10%/11%.
In addition, it raises operating expenses and finance cost forecast, due to the
expansion from both M&A and self-construction. (RC)