[ET Net News Agency, 17 September 2024] HSBC Global Research raised the target price for
Chervon (02285) to HKD34.8 from HKD34.1 and maintained the "buy" rating.
The research house said it expects Chervon's 2H24 growth to accelerate to 31% y-o-y from
Lowe's restocking demand and a low-base (+1% h-o-h). (rc)