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Bank of America Bond Losses Could Top $100 Billion Due to Rising Rates
Bank of America Securities: Upgraded CHINA FEIHE to Buy rating with a Target Price of HKD 6.5.
On January 7, Eastern Time, Bank of America Securities released a report on the outlook for the Chinese market in 2025, adjusting its outlook for CHINA FEIHE (06186) and raising the Target Price for CHINA FEIHE stocks from HKD 4.5 to HKD 6.5, improving the rating from 'Neutral' to 'Buy'. Bank of America Securities increased the estimated EPS for CHINA FEIHE for 2024-2026 by 4-6%, listing supporting factors including improved product sales channel penetration, a Bullish outlook on product profit certainty, a commitment to continue increasing shareholder returns, and the potential for a new round of supportive policies in China.
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etyn100 : but price increase
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