Lyon: Reiterated a "outperform" rating on techtronic ind with a target price cut to 135 Hong Kong dollars.

Lyon released a research report stating that due to trade fluctuations and slightly higher sales and general administrative expenses (SG&A), the net income forecast for techtronic ind (00669) for the fiscal years 2025 and 2026 will be reduced by 4.4% and 3.4% respectively. The target price is also lowered from 138 Hong Kong dollars to 135 Hong Kong dollars, reiterating an "outperform market" rating. The company's advantage in product innovation and solution development is expected to further widen its profit gap with its peers. Lyon expects that techtronic's brand matrix and close connection with non-residential distribution channels will drive Milwaukee's sales growth back to double digits.

Sina Hong Kong StockNov 22 02:01 ET

Why Techtronic Industries Company Limited (HKG:669) Could Be Worth Watching

Simply Wall StNov 14 17:50 ET

Major bank rating | Citigroup: Rated techtronic ind as a buy, one of the preferred choices in the mainland industrial sector.

Citibank's report states that Home Depot's third quarter same-store sales growth fell by 1.3%, exceeding expectations. The company has raised its full-year sales decline from 3% to 4% to 2.5%, believing that same-store sales growth benefited from stable weather, seasonal products, and increased popularity of some outdoor products, as well as demand related to tornadoes. The report points out that as Home Depot is techtronic ind's largest customer, the latter is expected to gain good momentum in the third quarter, although techtronic's stock price has recently been dragged down by Trump's potential tariff increase. The report believes this is a good buying opportunity, as techtronic has historically outperformed macroeconomic and industry performance.

Gelonghui FinanceNov 13 02:39 ET

Citi: Maintains a "buy" rating on techtronic ind (00669) with a target price of HK$140.

China Science is also one of Citi's preferred industrial stocks in China. The bank prefers China Science over Crest Peak Holdings (02285).

Zhitong FinanceNov 12 22:22 ET

Hong Kong stocks unusual movement | Home appliances stocks rise in the afternoon, singles' day sales growth may be stronger than previous years, sinking market will relay to drive the release of new demand.

Home appliances stocks rose in the afternoon, as of the time of publication, Hisense Ha (00921) rose by 4.83% to HK$26.05; Midea Group Co., Ltd (00300) rose by 3.5% to HK$72.5; Vesync (02148) rose by 2.07% to HK$3.94; Haier Smarthome (00669) rose by 0.83% to HK$109.2.

Zhitong FinanceNov 8 00:56 ET

HK stocks volatile | Techtronic Ind (00669) fell by over 3% again. Market concerns about additional tariffs imposed by Trump if elected, putting pressure on export stocks.

Techtronic ind (00669) fell again by over 3%, dropping more than 5% in the afternoon yesterday. As of the time of writing, it fell by 3.27%, closing at 106.5 Hong Kong dollars, with a turnover of 0.231 billion Hong Kong dollars.

Zhitong FinanceNov 6 21:35 ET