UBS: Cuts Fuyao Glass (03606.HK) target price to HK$80, reiterates "Buy" rating

Zhitong Finance APP has learned that UBS issued a research report stating that due to slower-than-expected recovery in auto demand, it lowered Fuyao Glass's (03606.HK) earnings forecasts for 2026 to 2028 by 2% to 4%, cut its target price from HK$85 to HK$80, and reiterated a "Buy" rating.