GLONGHUI, September 7 | Morgan Stanley published a report to lower Henderson Land's earnings per share by 9%, 4%, and 3%, respectively, from this year to the next. At the same time, Henderson Land's rental income forecast for the mainland was lowered, and the interest expenditure assumption for the second half of this year to the following year was raised. The target price was lowered from HK$25.5 to HK$24.5, and the rating was “reduced holdings.”
大行评级｜大摩：下调恒基地产目标价至24.5港元 评级“减持”
DaXing Rating｜Damo: Lowering the target price of Henderson Land to HK$24.5 to “reduce holdings”
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