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研報掘金丨華泰證券:維持巨人網絡“買入”評級,新品《超自然行動》流水超預期
華泰證券研報指出,考慮巨人網絡新品《超自然行動》流水超預期,且買量成本較低依靠社交裂變,後續項目儲備豐富有望貢獻業績增量,上調公司流水及對應的移動遊戲業務收入,下調公司整體銷售費用率,因此上調公司2025-2027年歸母淨利潤至19.6/23.6/26.3億元(前值16.2/18.6/20.7億元),可比公司25年Wind一致預期PE均值爲24.9倍,考慮公司新品表現靚麗,AI佈局前瞻,給予公司26XPE,目標價26.34元(前值18.42元,基於25年22XPE),維持“買入”評級。
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