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Citigroup: Maintains a 'buy' rating on Techtronic Ind, target price of HK$140.
Citigroup released a research report stating that it maintains a "buy" rating on Techtronic Ind (00669) with a target price of HK$140. The company's main customer, Home Depot, reflected a 1.3% decrease in same-store sales (SSSG) in the third quarter of the 2024 fiscal year, better than the market's expected decrease of 2-2.5% and also better than the 3.3% decrease in the second quarter. Home Depot raised its sales guidance for the 2024 fiscal year, now expecting a decrease of 2.5%, compared to the previous guidance of 3-4% decrease. The SSSG performance exceeded expectations, benefiting from normal weather, seasonal commodities, outdoor projects, and increased demand for hurricane-related products. The bank stated that given Home Depot's
Calculating The Intrinsic Value Of Chervon Holdings Limited (HKG:2285)
Spring Peak Holdings (02285): Lin Yingzhi was appointed as Joint Company Secretary.
Spring Peak Holdings (02285) announced that Ms. Mo Minghui (Ms. Mo) has resigned from the position of co-company secretary of the company;...
Net profit in the first three quarters increased three times, has the performance turning point of GF Securities (02285) arrived?
High growth in a low base.
Chervon Holdings Names New CEO for North America
Spring Fountain Holdings (02285): Michael John Clancy has resigned from his position as Executive President of Quanfeng North America.
Springfountain Holdings (02285) announced that Mr. Michael John Clancy will retire from the public...
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