Nomura: Maintains Buy rating on WuXi AppTec with a target price of HK$84.59.

date
29/04/2025
Nomura released a research report stating that it maintains a target price of 84.59 Hong Kong dollars and a "buy" rating on WuXi AppTec. In the first quarter of 2025, WuXi AppTec's revenue and profit growth both returned to "double-digit" levels; order backlog increased by 47% year-on-year.