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<Research>CMBI Cuts BYD ELECTRONIC's TP to $43.22, Lowers EPS Forecasts
Recommend 3 Positive 7 Negative 11 |
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BYD ELECTRONIC (00285.HK)'s stock price fell by 8% on Monday (28th) as its 1Q25 results delivered a flat performance because of weak demand for high-end smartphones and the potential tariff impact on Apple (AAPL.US)'s assembling business, CMBI released a report indicating. CMBI lowered its FY25-26 EPS forecasts for BYD ELECTRONIC by 5-8% and its target price from $47.1 to $43.22, with a Buy rating remaining in place. AAStocks Financial News |
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