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55104 JP#MTUANRP2711A (R BEAR)
RT Nominal down0.050 -0.006 (-10.714%)

13/05/2024 15:31

{I-bank focus}Macquarie raises Meituan (03690) to HKD156

[ET Net News Agency, 13 May 2024] Macquarie raised the target price for Meituan (03690)
to HKD156 from HKD118 and maintained the "outperform" rating.
The research house said it lifts FY24/25E adj. EBITDA 2%/1% to reflect stabilising
market competition. (rc)

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