《大行報告》摩通下調百度-SW(09888.HK)目標價至180元 評級維持「增持」
摩根大通發表報告指,近月百度-SW(09888.HK)股價跑輸中國海外互聯網ETF(KWEB)8個百分點,主要是投資者對公司核心廣告的周期性影響,變得更加謹慎,尤其是在第三季宏觀經濟疲軟的情況下。
該行表示,即使線下垂直產業持續復甦,但股價近期有下行風險,因第三季內地電商需求疲軟,或令早前的預測下調,這意味著近期催化劑包括增量刺激政策令消費復甦、公開人工智慧生成內容(AIGC)產品的採用和商業化。
摩通將百度目標價由195元降至180元,相當於預測明年市盈率15倍,維持其評級為「增持」。(ca/w)
~
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.