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<Research>BofAS Slightly Lifts MICROPORT (00853.HK) TP to $17, Reaffirms Buy Rating
Recommend 6 Positive 10 Negative 6 |
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A research report by BofA Securities reaffirmed its Buy rating for MICROPORT (00853.HK), citing better risk-reward profile. The company boasted a diversified portfolio of high-value consumables, with its surgical robotics business envisioned to be a key growth driver in the future. The broker anticipated that surgical robots will contribute 19% of total revenue by 2034. The broker raised its total revenue forecast for 2026-2034 by 0.1-1.5%, and the target price was increased from HKD16.8 to HKD17. AASTOCKS Financial News Website: www.aastocks.com |
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