Daiwa: Upgrades Greentown Management (09979.HK) target price to HK$3.51 with a "Hold" rating.

According to the Zhidao Financial APP, Morgan Stanley released a research report stating that it has raised the target price of Greentown Management (09979.HK) from 3.46 Hong Kong dollars to 3.51 Hong Kong dollars, an increase of 1.45%, with an investment rating of "hold" and the most optimistic target price of 4.8 Hong Kong dollars. Morgan Stanley mentioned that the recovery trend brought about by the increase in market share of Greentown Management in 2027 is becoming more clear. It is expected that the profit margin in 2025 will be higher than expected, and with the optimization of the project portfolio and faster market share growth, Greentown Management will have the opportunity for performance growth in 2026-27.