花旗：升安踏体育(02020)目标价至112.7港元 维持“买入”评级

Group 1 - The core viewpoint of the article is that Citigroup has maintained its earnings forecast for Anta Sports (02020) while adjusting the valuation benchmark to the expected price-to-earnings ratio for 2026, previously set for 2025 [1] - The target price for Anta has been raised from HKD 109.7 to HKD 112.7 based on a target price-to-earnings ratio of 20 times for 2026 [1] - Citigroup continues to prefer the Chinese sportswear sector, with Anta being the top pick [1]