大行评级丨花旗：对创科实业开启30天正面催化观察 目标价125港元

Group 1 - Citi has initiated a 30-day positive catalyst observation for Techtronic Industries, reiterating a "Buy" rating with a target price of HKD 125, reflecting expectations of three cumulative interest rate cuts by the Federal Reserve by Q1 2026 [1] - Strong online sales performance during Thanksgiving and Black Friday aligns with management's previous guidance, indicating robust sales data for Milwaukee and Ryobi brands over the past few months [1] - Techtronic's stock price has declined by 12% since its September peak, primarily due to Home Depot lowering its full-year guidance in Q3 and market concerns over weakened demand following potential price increases from U.S. tariffs [1]