News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<Research>JPM Trims TECHTRONIC IND's TP to HKD126 w/ Rating Overweight; Biz Shows Resilience
JPMorgan has released a report indicating that it has updated its valuation model for TECHTRONIC IND (00669.HK) after meeting with the company's management last Thursday (15th)...
Reset
Send
The window will close in 5 seconds
<Research>JPM Trims TECHTRONIC IND's TP to HKD126 w/ Rating Overweight; Biz Shows Resilience
Close
Recommend
3
Positive
4
Negative
6
 
SHORT SELL
 
STOCK INFO

JPMorgan has released a report indicating that it has updated its valuation model for TECHTRONIC IND (00669.HK)  -0.550 (-0.591%)    Short selling $27.19M; Ratio 15.239%   after meeting with the company's management last Thursday (15th).

Despite concerns about the impact of tariffs and demand uncertainty arising from fluctuations in US trade policy, TECHTRONIC IND has shown business resilience YTD. Its Milwaukee brand achieved strong sales growth in 1H25, and it is expected to log low double-digit growth.

Related NewsHSBC Research Chops TECHTRONIC IND (00669.HK) TP to $120, Rating Buy
Given the pressure on its DIY/consumer-grade tools business, however, JPMorgan mildly lowered its revenue forecast for TECHTRONIC IND by about 2%, while maintaining its profit margin expectations unchanged.

The broker cut its target price for TECHTRONIC IND from the previous HKD138 to HKD126 based on a discounted cash flow rate and continued to give it an Overweight rating.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-21 12:25.)

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.