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<Research>CCBI Elevates POP MART (09992.HK) TP to $288, Reiterates as Sector Top Pick
Recommend 18 Positive 52 Negative 31 |
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POP MART (09992.HK) will launch Labubu's new blind box “THE MONSTERS WACKY MART” series in the US, which CCBI believed will become a collector's item craze and fuel the Company's growth in the coming quarters, according to a research report released by CCBI. CCBI was confident that POP MART's FY2025 revenue growth can reach 72% and earnings growth can reach 90%. Therefore, the broker elevated its target price from $256 to $288, with rating kept at Outperform, and reiterated that POP MART is its sector top pick. AAStocks Financial News Website: www.aastocks.com |
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