Bank of America Securities released a research report, raising the target price of Meituan-W by 5.2%, from HK$135 to HK$142, and raising the profit forecast for 2024-2026 by 3%-6% due to improved profit trends. Reiterating a "buy" rating, mainly benefiting from optimistic trends in core business and stable competition.
美银证券：重申美团-W“买入”评级 目标价升至142港元
Bank of America Securities reiterates a "buy" rating on Meituan and raises the target price to HKD 142.
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