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00558 LK TECH
RTNominal down3.280 -0.020 (-0.606%)
Others

08/07/2024 15:30

{I-bank focus}Morgan lowers LK Tech (00558) to HKD3.9

[ET Net News Agency, 8 July 2024] Morgan Stanley lowered the target price for LK Tech
(00558) to HKD3.9 from HKD6.1 and downgraded the rating to "equal-weight" from
"overweight".
The research house said it cuts EPS forecasts by 16%/27% for FY25/26 mainly on sluggish
downstream capex and lowers super-large die-casting machinery likely to be recognized in
F25-26. (rc)

Remark: Real time quote last updated: 10/10/2024 17:59
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