Market News

2024.07.08 11:30

Research Reports CLSA lowers BUD APAC (01876) TP to HK$11.4

(Infocast News) CLSA lowered its TP from HK$12.4 to HK$11.4, and it have an O-PF rating on the stock under the new rating system. BUD APAC will report its 2Q24 results on 1 August. CLSA expects APAC West will feel pressure from China on impact from the weather, weak consumer sentiment, slower growth of premium products and a high base. (WL)