CMC International: Raised Weichai Power's (02338.HK) target price to HK$21.9, maintains "Buy" rating.

According to the Smart Financial News app, CCB International released a research report stating that they have raised the target price of Weichai Power (02338.HK) from 19.5 Hong Kong dollars to 21.9 Hong Kong dollars, a 12% increase, while maintaining a "buy" rating. Based on the bank's latest industry forecast, they have raised profit forecasts for 2025-2027 by 1-5%.