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<Research>M Stanley Sets SAMSONITE's TP at HKD24 w/ Rating Overweight; Sales Turn Positive
Recommend 4 Positive 6 Negative 2 |
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SAMSONITE (01910.HK) saw its sales turn positive from August to October, according to a report from Morgan Stanley. In October, US air passenger traffic achieved the highest increase of about 4% YTD, supporting management's optimistic outlook for 4Q25, even though the wholesale business had a high base in 4Q24. Morgan Stanley gave SAMSONITE a target price of HKD24 and an Overweight rating. AAStocks Financial News |
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