Morgan Stanley issued a report that after Baiyunshan announced its results for the first half of the year, the profit forecast was lowered to reflect lower sales, and the target price was lowered by 2.6% from HK $26.7 to HK $26, maintaining a "in line with the market" rating. Morgan Stanley lowered its earnings per share forecast for 2023-2024 by 3.6% and 4.3% to 2.70 yuan and 2.20 yuan, respectively.
大行评级｜大摩：下调白云山目标价至26港元 维持“与大市同步”评级
DaXing Rating｜Damo: Lowering Baiyunshan's target price to HK$26 to maintain the “in sync with the market” rating
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