pokeristtexasholdempoker| Toubo rose more than 4% in early trading, Goldman Sachs gave a "buy" rating
editor 2024-05-27 13:34:36 Finance 34
Taobo (06110) shares continued to fall last week and rebounded in early trading, rising 4.5%.pokeristtexasholdempoker.13%, currently quoted at HK$5.29, with a turnover of HK$20.01036 million.
Recently, Goldman Sachs released a research report saying that it gave Taobo (06110) a "buy" rating, but lowered its forecast for net profit for the 2025 and 2026 fiscal years by 11% respectively to reflect lower revenue growth, and its target price dropped from HK$9.3 to HK$7.9. Furui participatespokeristtexasholdempokerAfter a performance conference call with Toubo, we believed that the strategy was implemented well, but demand in the Chinese market in winter was lower than expected, which affected growth and inventory management. Demand is expected to remain the main uncertainty factor.