M Stanley Raises ANGELALIGN TP to HKD105, Maintains Equalweight Rating
AASTOCKS News·
- Morgan Stanley adjusted ANGELALIGN's 2026 to 2028 revenue forecasts upward by about 4% and revised EPS forecasts by -1%, +6% and +6% respectively.
- The adjustments reflect strong domestic and overseas sales momentum, higher litigation and equity incentive expenses, and improved working capital efficiency.
- Morgan Stanley raised ANGELALIGN's target price by 11% to HKD 105 while maintaining an Equalweight rating.
