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<Research>Nomura Keeps Buy on WUXI APPTEC; Growth in 1Q Rev./ Adjusted Earnings Strong
WUXI APPTEC (02359.HK) recorded strong YoY growth of 29% and 72% in revenue and adjusted earnings respectively in 1Q26, Nomura's report said. The broker kept a Buy rating on WU...
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<Research>Nomura Keeps Buy on WUXI APPTEC; Growth in 1Q Rev./ Adjusted Earnings Strong
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WUXI APPTEC (02359.HK)  +1.500 (+1.170%)    Short selling $220.99M; Ratio 27.848%   recorded strong YoY growth of 29% and 72% in revenue and adjusted earnings respectively in 1Q26, Nomura's report said. The broker kept a Buy rating on WUXI APPTEC, with a target price of HKD157.07 based on a discounted cash flow valuation.

Considering the exceptional quarterly results, particularly the YoY increase of 24% in backlog orders, Nomura believes WUXI APPTEC is well-positioned to achieve or even exceed its revenue growth guidance.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-02 16:25.)

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