大行评级丨里昂：升美的集团目标价至95港元 评级“跑赢大市”

Group 1 - The core viewpoint of the report is that Midea Group's overseas sales may exceed expectations due to OEM orders, leading to a positive outlook for the company [1] - The historical average price-to-earnings ratio of 12.5 times is applied to set a new target price for Midea's H-shares, increasing it from HKD 90 to HKD 95 [1] - The rating for Midea Group is upgraded to outperform the market, indicating a bullish sentiment towards the company's future performance [1]