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<Research>G Sachs Trims TPs for CRRC/ TIMES ELECTRIC, Expects Moderate Future Growth
Recommend 2 Positive 4 Negative 3 |
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CRRC (01766.HK)'s 4Q25 results slightly missed expectations, while TIMES ELECTRIC (03898.HK)'s results were in line with forecasts, with both firms showing differing performances in key business segments, according to Goldman Sachs' research report. As a result, Goldman Sachs cut its target prices for CRRC's H-/ A-shares from $6.5/ RMB5.9 to $6.2/ RMB5.6, with ratings kept at Buy/ Neutral. In addition, the broker trimmed its target prices for TIMES ELECTRIC's A-/ H-shares from RMB59.3/ $43.9 to RMB55.6/ $40.7, with ratings kept at Neutral. Looking ahead, the broker expected moderate overall growth for both companies. AASTOCKS Financial News Website: www.aastocks.com |
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