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<Research>Nomura Downgrades CHINACOMSERVICE (00552.HK) to Neutral, Keeps TP at $4.4
Recommend 9 Positive 9 Negative 5 |
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CHINACOMSERVICE (00552.HK)'s 2024 revenue and earnings missed expectations, Nomura released a research report saying. The broker believed that the Company's strategic focus shifted to high-quality growth, and that the strategy will gradually bear fruit, with stable margin expansion, but will lead to a slowdown in growth in the near term. Therefore, Nomura downgraded CHINACOMSERVICE to Neutral, and kept its target price unchanged at $4.4. AAStocks Financial News |
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