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<Research>Citi Cuts PRADA's TP to HKD52; Rating Kept Neutral
Recommend 4 Positive 5 Negative 6 |
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According to Citi's research report, neither of the broker's FY25-27 forecasts for PRADA (01913.HK)'s revenue, EBIT, and EPS has undergone material changes. Citi has cut its target price for PRADA from HKD53.8 to HKD52 and kept its rating as Neutral. In the broker's estimate, PRADA's sales will grow by 6% YoY in 4QFY25 at constant exchange rates, though they would have dropped by 1% to EUR1.59 billion in reported terms. AAStocks Financial News |
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