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<Research>M Stanley Expects POP MART (09992.HK) Sales Performance to Exceed Forecast, Reaffirms Top Pick
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9
Positive
17
Negative
12
Morgan Stanley published a research report predicting that POP MART (09992.HK)'s sales growth will be more resilient in the US, with the Group's overall sales performance expected to surpass market expectations.

Into 2026, the broker believed that market focus may shift from the US market and Labubu products to the Group's overall development momentum.

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Therefore, Morgan Stanley reaffirmed POP MART as its top pick, with a target price of $325 and rating at Overweight.
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