Bank of America Securities: Raises China United Heavy Industries Corporation (01157.HK) Target Price to HK$8.5, Third Quarter Revenue Exceeds Expectations.

According to the Wisdom Financial APP, Bank of America Securities released a research report stating that based on the upward revision of revenue forecasts, the profit forecast for Zoomlion Heavy Industry (01157.HK) for 2025 to 2026 has been raised by 5%. The bank raised the target price of Zoomlion Heavy Industry (01157.HK) H shares from HK$7.6 to HK$8.5, and raised the target price of Zoomlion Heavy Industry A shares (000157.SZ) from RMB 10.4 to RMB 10.9. It reiterated a "buy" rating, citing the company's increasing advantage in overseas markets and the contribution of new products.