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<Research>Nomura Slashes BYD COMPANY's TP to HKD127; Domestic & Overseas Mkts Can Serve as Dual Growth Engines
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Nomura has published a report reiterating a Buy rating on BYD COMPANY (01211.HK) but cutting its target price from HKD132 to HKD127.

Leveraging dual growth engines in the China domestic and overseas markets, Nomura expects BYD COMPANY to deliver a more sustainable growth outlook going forward.

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