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大摩：予九兴控股“增持”评级 目标价上调至16.2港元

Daiwa: Stella Holdings upgraded to 'shareholding' rating, target price raised to HK$16.2.

新浪港股 ·  Aug 23 04:08

Morgan Stanley released a research report stating that Stella Holdings (01836) is still one of the preferred footwear manufacturers, benefiting from the recovery in demand for luxury goods and fashion footwear, as well as improved growth in sports shoes. The new cash back plan could also boost market sentiment for the stock. Due to the positive investment sentiment brought by the cash back plan, clear prospects for orders in the second half of the year, reduced concerns about macro uncertainties, and good order visibility, Morgan Stanley has raised the target price for Stella Holdings from HK$15.8 to HK$16.2, which is equivalent to a PE ratio of 10 times, and the rating is "hold".

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