TodayIR: Merrill Lynch Lifts PO of MeiDong Auto (1268.HK) as Luxury Margins Drive 2H20 Beat; Maintain Buy at HKUSD42.00
(1) DJ EQS-News: Merrill Lynch Lifts PO of MeiDong Auto (1268.HK) as Luxury Margins Drive 2H20 Beat; Maintain Buy at HKUSD42.00 EQS-News / 12/04/2021 / 11:46 UTC+8 Merrill Lynch Lifts PO of MeiDong Auto (1268.HK) as Luxury Margins Drive 2H20 Beat; Maintain Buy at HKUSD42.00 Merrill Lynch (BofA) further lifts its price objective for China MeiDong Auto Holdings Limited (1268.HK) to HKUSD42.00 at Buy, as luxury margins led to 2H20 outperformance. The latest price objective represents an upside of 11.9% from the closing price of HKUSD37.55 on 7th April. On 2H20 results, BofA acknowledges M...
Source: finanznachrichten.de