Morgan Stanley lowered the target price for Jiumaojiu (09922) to HKD5.5 from HKD9 and downgraded the rating to "equal-weight" from "overweight".
The research house said it cuts EPS estimates 14% for 2024, 16% for 2025, and 31% for 2026 on weaker table turns and ASP trends YTD.
【你點睇】內地再增8個自由行城市,餐飲業倡設大灣區身份證,以便利更多人來港消費,你是否認同?► 立即投票