[ET Net News Agency, 22 April 2026] UBS raised the target price for Muyuan (02714) to HKD58.6 from HKD58.3 and maintained the "buy" rating.
The research house said it cuts 2026E earnings to reflect weaker-than-expected hog prices, while slightly raising 2027-28E forecasts to factor in a more favourable price environment as industry supply rationalisation progresses. (rc)
The research house said it cuts 2026E earnings to reflect weaker-than-expected hog prices, while slightly raising 2027-28E forecasts to factor in a more favourable price environment as industry supply rationalisation progresses. (rc)