JPMorgan downgraded Pop Mart (09992.HK) to Underweight from Neutral and cut its price target to HKD 120 from HKD 165, citing Q2 revenue expected to fall 11% YoY — the first quarterly decline since 2023 — and forecasting Q3 revenue to drop more than 35% YoY.
Jin1008/21, 10:00 AM
- 120 HKD
- 165 HKD
- 24%
- 11%
Figures as quoted by Jin10
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Jin1008/21, 01:54 PM
Jin1008/21, 11:32 AM
Jin1008/21, 09:47 AM
Citigroup cut its price target on Pop Mart (09992.HK) to HKD 198 from HKD 263.