The Zhitong Finance App learned that J.P. Morgan Chase released a research report saying that the stock price of Chuangke Industrial (00669) changed in the fourth quarter of last year, and investors began to shift their attention away from obstacles such as short selling reports, lower profit expectations, and lower guidance. The bank believes that if the company's growth is in line with market expectations, the stock price will outperform this year and raise its target price by 11% from HK$96 to HK$107, maintaining an “gain” rating. Meanwhile, Motong raised its 2023-2025 net profit forecast to US$963 million, US$1,138 million and US$1,343 million respectively, mainly reflecting Milwaukee's 2024 sales growth and profit margin expansion. The compound annual profit growth rate is expected to accelerate to 18% between 2024-2025.