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<Research>Citi Removes ZOOMLION (01157.HK) from Upside Catalyst Watch List, Sees Weak 1Q Results
Recommend 8 Positive 7 Negative 6 |
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Citi Research removed ZOOMLION (01157.HK) from its '90-day upside catalyst watch list,' expecting the Company's 1Q26 results to be weak due to foreign exchange losses. The broker believed that the stock faces downside risk in the near term, but kept rating at Buy, with a target price of $10.8, as it turns more optimistic about 'mid-to-late cycle' products such as crane machinery and concrete machinery. Auto-translated by AI AASTOCKS Financial News |
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