Ge Long Hui·2025-12-22 03:09Core Viewpoint - Prada's stock has been declining, with a drop of over 5% during trading, currently priced at 44.8 HKD, resulting in a market capitalization of 114.6 billion HKD. Morgan Stanley analysts suggest that Prada may struggle to maintain its growth momentum amid a new wave of creativity in the luxury fashion sector, particularly as the development pace of its Miu Miu brand slows down. The firm has lowered its target price for Prada's Hong Kong-listed shares from 53 HKD to 51 HKD while maintaining a rating in line with the market [1]. Company Summary - Prada's stock opened lower and experienced a decline of over 5%, currently trading at 44.8 HKD, with a total market value of 114.6 billion HKD [1]. - Morgan Stanley's report indicates that Prada may be one of the few luxury companies to experience a slowdown in growth in the last quarter of the year, particularly due to the slowing development of its Miu Miu brand [1]. - The target price for Prada's shares has been adjusted from 53 HKD to 51 HKD, with a market-perform rating maintained [1].