小摩：上调洛阳钼业(03993)目标价至30港元 重申“增持”评级

Core Viewpoint - Morgan Stanley has raised its profit forecast for Luoyang Molybdenum (03993) by 27% to 30% for the next two years, and increased the target prices for Luoyang Molybdenum's A-shares and H-shares to 30 RMB and 30 HKD respectively, maintaining an "Overweight" rating [1] Group 1: Company Updates - The acquisition of the Brazilian gold mine has been successfully completed, with management targeting gold production of 6 to 8 tons this year and aiming to reach 20 tons by 2030 [1] - Details regarding this year's copper production guidance have been supported by process optimization and the increase in capacity from the KFM Phase II project [1]