CMB Research: Raises target price for POP MART (09992.HK) to 330 Hong Kong dollars, reiterates industry top pick and positive catalyst watchlist inclusion.

According to the Wise Finance APP, Morgan Stanley released a research report stating that they have raised their target price for Pop Mart from the original 250 Hong Kong dollars to 330 Hong Kong dollars, using a PEG ratio of 1.5 times as the basis (discounting 20% compared to the peer's market value-weighted average PEG of about 1.9 times), and giving it a "hold" rating.