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<Research>BofAS Reiterates Buy on LI NING, Predicts Earnings to Resume High-Single-Digit Growth
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LI NING (02331.HK) recorded mid-single-digit retail sales growth in 1Q26, according to a report from BofA Securities. The broker also noted a divergence between the company's quarterly retail sales growth rate and full-year revenue, and it believes the full-year high-single-digit revenue growth target is achievable. BofA Securities expects LI NING's earnings to have bottomed out in 2025 and, after remaining stable or declining since 2022, to resume high-single-digit growth in 2026. The broker has reiterated a Buy rating on the company with a target price of HKD25. 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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