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《大行報告》匯豐研究上調小米(01810.HK)目標價至15.6元 評級「買入」
匯豐研究發表報告指,小米(01810.HK)第二季度經調整淨利潤51億元人民幣,按年升147%,符合該行預期,主要受惠智能手機及IoT業務毛利率創新高,分別為13.3%及17.6%,相信毛利率提升的趨勢下半年持續。 該行將小米2023至2025年三年期間的每股盈利預測,上調16至30%,維持「買入」評級,目標價由13.5元上調至15.6元,並給予小米人民幣櫃台(81810.HK)目標價14.6元人民幣。 該行認為,華為Mate 60系列針對的市場與小米不同,因此華為推出新手機對小米的短期影響可控,小米的庫存水平健康,以及假期旺季將會來臨,預期下半年出貨量按年升約5%。
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