Morgan Stanley released a research report stating that it gave CRRC (01766.HK) an “increase in holdings” rating, believing that maintaining revenue growth and operating leverage would also help. The target price was HK$4.5. The company's initial results slightly beat expectations.
大摩：予中国中车(01766.HK)“增持”评级 目标价4.5港元
Damo: Target price of HK$4.5 for “increase in holdings” rating for CRRC (01766.HK)
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