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JPMorgan Chase Raise Sanhua Intelligent Control's Hong Kong stock target price to HK$45; maintain "Overweight" rating
JPMorgan Chase In a research report, the firm noted that based on Sanhua Intelligent Control (02050.HK)'s latest management guidance and better-than-expected full-year earnings forecast, it has raised the company's target price from HK$42 to HK$45. JPMorgan Chase The firm stated that it has raised its earnings estimates for Sanhua Intelligent Control for 2025 to 2027 by 5% to reflect the opportunities arising from accelerated development in the humanoid robotics sector.The firm believes that given the company’s robust performance and the multiple positive factors expected this year, the recent pullback in its A-shares and H-shares presents an ideal buying opportunity for the market, and it maintains its “Overweight” rating.
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