Daiwa: Raises target price for Greentown Service Group (02869.HK) to HK$5.18, rating "buy"

According to the Zhichong Financial APP, Morgan Stanley released a research report stating that it has lowered the core profit and earnings per share forecasts for Greentown Service (02869.HK) in 2025 to 2027 by 6%, 4%, and 2% respectively, and also lowered the revenue growth forecast by 3% to 6%. The target price has been raised from HK$4.98 to HK$5.18, with a "hold" rating.