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Techtronic Industries ( (HK:0669) ) has shared an update.
Techtronic Industries has announced the voluntary discontinuation of its HART business by the end of 2025, while retaining the HART brand in its portfolio. The company reports strong point of sales demand for its Milwaukee and Ryobi brands, indicating resilience and positioning for continued success in 2026. The decision to discontinue the HART business aligns with TTI’s focus on profitable growth and supports its medium-term profitability objectives.
The most recent analyst rating on (HK:0669) stock is a Buy with a HK$125.00 price target. To see the full list of analyst forecasts on Techtronic Industries stock, see the HK:0669 Stock Forecast page.
More about Techtronic Industries
Techtronic Industries Company Limited (TTI) is a Hong Kong-based company operating in the power tools and equipment industry. It is known for its Milwaukee and Ryobi brands, focusing on delivering innovative and high-quality products to both professional and consumer markets.
Average Trading Volume: 4,473,319
Technical Sentiment Signal: Sell
Current Market Cap: HK$166.9B
For a thorough assessment of 0669 stock, go to TipRanks’ Stock Analysis page.