JPMorgan: Raises WuXi AppTec (02359.HK) target price to HK$233, rating "Overweight"

Zhitong Finance APP has learned that JPMorgan released a research report stating that WuXi AppTec (02359.HK) delivered strong quarterly results and geopolitical risks have declined. The bank raised its H-share target price from HK$222 to HK$233 and its A-share target price from RMB200 to RMB210, both with an "Overweight" rating, and it remains the bank's top pick among Chinese CXO stocks.