Morgan Stanley released a research report stating that, after raising this year's game revenue growth forecast to 28%, the group's revenue forecast for 2021-2026 was raised by 0.6% to 2.2% to reflect its recent forecasts for Kingsoft Office, as well as the strong performance of its gaming business. The target price has accordingly increased from 28 Hong Kong dollars to 32 Hong Kong dollars, with a rating of 'shareholding'. $KINGSOFT (03888.HK)$ After raising this year's game revenue growth forecast to 28%, Morgan Stanley has consequently adjusted the group's revenue forecast for 2021-2026 by 0.6% to 2.2% to account for its recent predictions for Kingsoft Office and the robust performance of the gaming business. As a result, the target price has been raised from 28 Hong Kong dollars to 32 Hong Kong dollars, with a 'shareholding' rating.
大摩:予金山软件“增持”评级,目标价升至32港元
Daiwa: Upgraded kingsoft's rating to "shareholding", with target price raised to HK$32.
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