UBS raised the firm’s price target on Futu Holdings (FUTU) to $136 from $130 and keeps a Buy rating on the shares. Futu’s stronger-than-expected FY25 guidance on paying client acquisition boosted confidence in business expansion, and the firm expects a sequential improvement in client acquisition, net inflow of client assets and trading volume, thanks to the AI-led rally, the analyst tells investors in a research note.
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