According to Smartpay's app, Morgan Stanley released a research report stating that the bank lowered its forecast for Kingsoft Software's (03888) subsidiary, Beijing Kingsoft Office Software (688111.SH), resulting in a corresponding 1.9%, 4.2%, and 5.2% decrease in its revenue forecast for Kingsoft Software for 2024 to 2026, and a 3.7%, 4.3%, and 4.5% decrease in earnings per share forecast for each year. The target price has been reduced from HKD 36 to HKD 33, with a "shareholding" rating.
大摩：予金山软件(03888)“增持”评级 目标价降至33港元
DBS has given Kingsoft (03888) a "shareholding" rating with a target price of HK$33.
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