Lates News
MNSO.US rose 1.15% to $20.15 before the market opened. In terms of news, UBS released a research report stating that based on Miniso's new strategy, it is expected that the trend of same-store sales growth (SSSG) in China will turn around in the first quarter of 2025. The company's recent catalysts include the first quarter financial report of 2025 and the impact of the upcoming movie "Stitch" on IP sales next week. The bank raised its target price from $25.88 to $27, adjusted the net profit forecast for 2025 to 2027 by 1% to 2%, to reflect the improvement in the trend of same-store sales growth in China, and reiterated a "buy" rating.
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