Daiwa: Raises target price for Pop Mart (09992.HK) to 224 Hong Kong dollars, rating as neutral.

According to the China Fortune Finance APP, Morgan Stanley released a research report stating that they have raised the target price of Pop Mart (09992.HK) from 204 Hong Kong dollars to 224 Hong Kong dollars, an increase of 9.8%, with an investment rating of "hold". The bank also raised the most optimistic and most pessimistic target prices for Pop Mart to 273 Hong Kong dollars and 97 Hong Kong dollars, respectively, a 12.3% and 14.1% increase. Morgan Stanley has raised Pop Mart's sales and adjusted net profit forecast for the years 2025-2027 by 5-9%, and raised the earnings per share (EPS) forecast to 8.6% for 2025, 8.3% for 2026, and 7.5% for 2027.