[ET Net News Agency, 7 May 2024] HSBC Global Research raised the target price for WH
Group (00288) to HKD5.8 from HKD5.4 and downgraded the rating to "hold" from "buy".
The research house said it expects WH Group's US hog breeding business OP to start
recovering from 2Q24, in light of higher hog price (per USDA forecasts) and lower raw
material costs. (rc)