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<Research>Citi Keeps DONGFANG ELEC as Industry Top Pick, Lifts TP by 20% to HKD54
Recommend 14 Positive 26 Negative 13 |
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According to Citi's research report, the broker has kept DONGFANG ELEC (01072.HK) as one of its top picks in the power equipment sector, citing a high potential contribution from overseas gas turbine sales, strong domestic demand for nuclear power and hydropower equipment, and the profit contribution from coal-fired power equipment sales that is lower than that of its peers. Citi has lifted its target price for DONGFANG ELEC by 20% from HKD45 to HKD54, with a Buy rating. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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