Morgan Stanley Raises Fosun Pharma's Revenue Forecast, Sets HK$32 Target with "Overweight" Rating

Stock News
04/22

Morgan Stanley has released a research report indicating an upward revision of FOSUN PHARMA's (02196) revenue forecast for 2026 to 2028 by 3%. This adjustment is based on increased sales of innovative drugs and an anticipated annual recurring licensing revenue of approximately 800 million yuan. The firm has set a target price of HK$32 for the H-shares with an "Overweight" rating.

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