大行评级丨大摩:上调时代天使目标价至105港元,上调2026至28年收入预测

格隆汇
Sep 02
摩根士丹利发表研报,将时代天使2026至2028年收入预测各上调约4%,以反映管理层对中国及海外市场强劲销量动能的最新指引。该行预期海外业务经调整经营利润率将持续录得盈利。此外,该行上调营运资金效率预期,主要因应收款天数由200多天降至约190天。基于现金流折现模型,目标价由95港元上调11%至105港元,维持“与大市同步”评级。

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