GLONGHUI, August 28 | Morgan Stanley published a report stating that after announcing its interim results, Haifeng International lowered its profit forecasts for this year, next year, and 2025 by 14%, 8%, and 12%, respectively, mainly reflecting the weaker-than-expected performance of spot market rates from the beginning of the year to date, and uncertainty about the outlook. The bank lowered its target price from HK$15.3 to HK$14.1, maintaining its rating as “in sync with the market”.
大行评级｜大摩：下调海丰国际目标价至14.1港元 评级“与大市同步”
DaXing Rating｜Damo: Lowering Haifeng International's target price to HK$14.1 “in sync with the market”
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