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《大行》美銀證券降創科(00669.HK)目標價至117元 評級「買入」

BOA Securities has lowered its target price for Chuangke Technology (00669.HK) to 117 yuan and rated it as "buy".

AASTOCKS ·  Jun 11 11:15

Bank of America Securities released a research report stating that even though there was a change in the CEO of Cogobuy (00669.HK), the company's strategy remains unchanged. Although the market was caught off guard when this news was announced, the group's market leadership has not changed.

Bank of America Securities stated that the free cash flow of Cogobuy in the past decade has been unbalanced, but the baseline for future free cash flow is expected to be higher and more consistent. It is expected that the balance sheet will have no net debt within 18 months. The bank lowered the group's target price from HKD 120 to HKD 117 and maintained a "buy" rating.

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