Lates News

Each netease AI fast news, Pacific released a research report on August 18th, giving Angel Yeast (600298.SH) a buy rating with a target price of 46.0 yuan. The rating reasons mainly include: 1) Q2 continued high growth overseas, and H1 successfully achieved growth targets; 2) gross margin improved significantly season by season, non-GAAP performance exceeded expectations; 3) domestic demand is expected to continue to recover, overseas continued high growth, raw material costs entering a downward cycle, and performance elasticity is expected to rebound. (Daily Economic News)