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23665 MBPRADA@EC2601A (CALL)
RT Nominal down0.192 -0.009 (-4.478%)

24/06/2024 15:16

{I-bank focus}Macquarie lowers Prada (01913) to HKD68.4

[ET Net News Agency, 24 June 2024] Macquarie lowered the target price for Prada (01913)
to HKD68.4 from HKD70 and maintained the "outperform" rating.
The research house said it expects resilient momentum in 2Q24, led by the Japan market.
It tweaks revenue forecast to 11% reported growth in 1H24, factoring FX headwinds. (rc)

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