Daiwa: Raise BeiGene's (02359) target price to HKD 168, reiterates top pick.

According to the Wisdom Financial APP, Morgan Stanley released a research report stating that the target price of WuXi AppTec (02359) H shares has been raised from HK$155 to HK$168, reaffirming it as their "top pick" with a rating of "overweight". The target price of WuXi AppTec (603259.SH) A shares has also been raised from RMB 145 to RMB 153, with a rating of "overweight" maintained. Morgan Stanley has increased their adjusted earnings forecast for WuXi AppTec for the years 2026 to 2028 by 4% to 6%, indicating a compound annual growth rate of 16% for the years 2025 to 2028.