[ET Net News Agency, 30 August 2023] Daiwa lowered its target price for Flat Glass
(06865) to HK$20 from HK$25 and downgradeded its rating to "hold" from "outperform".
The research house said its 2023-25E EPS is 3-8% lower than the Bloomberg consensus,
likely on its lower PV glass ASP assumptions. (RC)