CMB International has released a research report highlighting WUXI BIO (02269)'s strong first-half performance, which prompted an upward revision of its full-year revenue growth guidance to 15%-18%. The firm has raised its target price for WUXI BIO from HK$39 to HK$60, while reiterating a "Buy" rating.
The bank has also upgraded its earnings forecasts for WUXI BIO, now projecting a 17.1% year-on-year increase in revenue and a 16.5% rise in adjusted net profit for 2026. This adjustment reflects the company's improved guidance and a positive outlook on sector demand.