Goldman Sachs analyst Leaf Liu downgraded Haitian to Neutral from Buy with a price target of Rmb 51, down from Rmb 68.33. The analyst views the stock’s current valuation as fair, saying the shares have already priced in a potential slowdown in Haitian’s sales growth through 2025.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>