Glonghui, March 7 | Bank of America Securities released a report saying that Chuangke Industrial's steady performance in the second half of last year indicates a positive performance this year. The company has recorded growth in the industry's upward cycle in the past, but now it can show the ability to manage inventory, record free cash flow, and make disciplined investments under cyclical adjustments, so I am confident that the company can achieve a stronger market position in the long term. According to the bank, I&T's earnings per share for the second half of last year were slightly higher than market expectations. In response to performance, it raised its target price from HK$91.5 to HK$105 and maintained its “buy” rating to reflect its leading position in the market.
大行评级｜美银：上调创科实业目标价至105港元 维持“买入”评级
Bank Rating | Bank of America: Raising the target price of I&T Industries to HK$105 to maintain a “buy” rating
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