Citigroup has initiated a 30-day bullish observation on Joinn Laboratories (02268).
According to the research report released by Citigroup, they have initiated a 30-day bullish observation on Joinn Laboratories (02268) with a target price of HKD 41 and a buy rating. Due to the strong demand for the company's projects, it is expected to achieve ideal performance in the first half of the year, with the expected year-on-year profit growth rate of 57%, while the market forecast growth is 48%. In addition, the management also stated that the order trend is good.