Core Viewpoint - Morgan Stanley has updated its forecast model for Techtronic Industries (00669), making slight adjustments to its earnings predictions while maintaining a target price increase from HKD 135 to HKD 136, indicating a positive outlook compared to market expectations [1] Company Summary - The earnings forecast for Techtronic Industries has been slightly adjusted but remains several percentage points above market expectations [1] - The target price for Techtronic Industries has been raised from HKD 135 to HKD 136 [1] - The company is expected to show resilience in both professional and retail product markets despite potential short-term consumer data weakness in the U.S. [1] Industry Summary - The overall industry demand is believed to be stronger than what some brokerages have suggested, with no significant signs of deterioration observed [1] - The resilience in the professional and retail product markets is highlighted as a positive factor for the industry outlook [1] - The "overweight" rating is maintained, reflecting confidence in the industry's performance amid macroeconomic uncertainties [1]
小摩:维持创科实业(00669)“增持”评级 目标价上调至136港元