MS241129C100000
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Three leadership changes in six years, what can save intel? Can Su Zifeng save it?
intel has changed its CEO again, which was unexpected but somehow anticipated. Over the past six years, they have replaced their CEO three times, yet the situation has worsened, with the crisis deepening. What can save this iconic chip giant from Silicon Valley? Perhaps they need to find their own Suzy. Give the veteran a decent chance. On Sunday, US Pacific Time, the intel board of directors suddenly announced the retirement of CEO Pat Gelsinger; the 63-year-old Gelsinger resigned from the CEO position and left the intel board of directors, effective immediately. intel's CFO David
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Daiwa: Rates Want Want China as 'in line with the market' with a target price lowered to 4.8 Hong Kong dollars.
Morgan Stanley released a research report stating that it has lowered its earnings per share forecast for want want china (00151) for the current financial year by 4%, and reduced the earnings per share forecasts for the next financial year and 2026 by 8%. It expects the demand for dairy products and ice creams to remain under pressure, and the support from costs to weaken. The bank has reduced the target price for the stock by 4% to 4.8 Hong Kong dollars, with the new target price reflecting a forecast pe of 14 times for the next financial year, which fully reflects the company's outlook, maintaining a rating of "in line with the market." The report mentioned that the snack sector is affected by weak ice cream sales, recording a consecutive year-on-year decline in sales, while the dairy product sector saw a drop in sales in the first half of the financial year due to weak industry demand. The bank maintains its outlook for the second half of the financial year.
Morgan Stanley: Maintains sunevision's "shareholding" rating, target price raised to HKD 4.9.
Daiwa has released a research report stating that it has updated the risk-return of Sunevision (01686), advancing the company valuation forecast by six months to December next year. Therefore, the target price of the company has been raised from 4.6 Hong Kong dollars to 4.9 Hong Kong dollars, maintaining a "shareholding" rating. Daiwa stated that in the latest bull and bear market scenarios, Sunevision's target price has been raised to 7.7 Hong Kong dollars and 2.6 Hong Kong dollars respectively.
Wells Fargo Maintains Morgan Stanley(MS.US) With Hold Rating, Maintains Target Price $142
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