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Henderson Land upgraded to Buy from Sell at Goldman Sachs

Goldman Sachs analyst Simon Cheung upgraded Henderson Land (HLDCY) to Buy from Sell with a price target of HK$39, up from HK$19.30. Factoring in the latest industry assumptions and property schedule, the firm revised its FY25-27 EPS estimates by down 3% to up 20%, the analyst tells investors.

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