HSBC downgraded WH Group to Hold from Buy with a price target of HK$5.80, up from HK$5.40. The company’s’ earnings recovery is mostly priced in, the analyst tells investors in a research note.
Claim 30% 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>>
Read More on WHGLY: