Goldman Sachs analyst Shuo Yang upgraded Futu Holdings (FUTU) to Buy from Neutral with a price target of $213.39, up from $157.85. The firm cites its positive capital market outlook and the company’s new client growth for the upgrade. Futu’s “strong” product and market competitiveness will support stable growth in client assets and profitability through 2027, the analyst tells investors in a research note. Goldman sees the company’s client expansion continuing.
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