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<Research>BofAS Lifts WUXI BIO's TP to HKD47 on Solid Positive Earnings Alert
Recommend 7 Positive 8 Negative 2 |
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According to a BofA Securities research report, WUXI BIO (02269.HK) has issued a positive profit alert, estimating its 2025 revenue to have grown by 16.7% YoY to RMB21.8 billion, aligning with the broker's expectations. This performance is attributable to a record number of WUXI BIO's new projects and expanded service offerings, particularly in the BsAb and ADC platforms. BofA Securities has lifted its target price for WUXI BIO from HKD41.8 to HKD47 and reiterated its rating as Neutral. AAStocks Financial News |
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