Goldman Sachs: Confident in Meituan-W's (03690.HK) leadership position in local services, maintains target price of HK$144.

According to the Wise Finance app, Goldman Sachs released a research report stating that it is confident in the overall leadership position of Meituan-W (03690.HK) in the expanded total addressable market (TAM) for instant retail services, and it is expected that food delivery subsidies will gradually return to normal by 2026. It maintains a target price of 144 Hong Kong dollars and a "buy" rating.