CMB International: Revised target price for Tech Pro Technology Development Limited (00179.HK) to HK$59. Rating: "Buy"

Wisdom Financial APP learned that JPMorgan Chase released a research report stating that a previous model on Techtronic Industries (00179.HK) found a currency conversion calculation error. After correction, the revised target price is set at 59 Hong Kong dollars. The correction does not reflect any change in the bank's fundamental opinion on Techtronic Industries, but only addresses the currency conversion error. All related assumptions, forecasts, and ratings remain unchanged. Morgan Stanley reduced Techtronic's target price from 67 Hong Kong dollars to 54 Hong Kong dollars yesterday, maintaining an overweight rating.