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<Research>BOCOMI Raises JD-SW (09618.HK) TP to $233 as 2025 Profit Expected to Maintain Healthy Growth
Recommend 4 Positive 8 Negative 1 |
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JD-SW (09618.HK) is benefiting from the trade-in policy, in which the expansion of categories and scale will continue to favor JD-SW's sales of charged categories, and the efficiency of the supply chain will continue to improve, BOCOMI released a research report saying. Therefore, the broker raised its 4Q24 revenue/ profit forecasts for the Group by 3%/ 12% respectively. BOCOMI estimated that JD-SW's 2025 profit will maintain healthy growth, and raised its target price from $217 to $233, with rating kept at Buy. AAStocks Financial News |
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