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mobilepokersites| Toubo rose more than 4% in early trading, Goldman Sachs gave a "buy" rating

Taobo (06110) shares continued to fall last week and rebounded in early trading, rising 4.5%.mobilepokersites.13%, currently quoted at HK$5.29, with a turnover of HK$20.01036 million.

mobilepokersites| Toubo rose more than 4% in early trading, Goldman Sachs gave a "buy" rating

Recently, Goldman Sachs released a research report saying that it gave Taobo (06110) a "buy" rating, but lowered its net profit forecast for the 2025 and 2026 fiscal years by 11% respectively to reflect the lower level.mobilepokersitesRevenue increased, and the target price dropped from HK$9.3 to HK$7.9. Furui participated in the Toubo performance conference call and believed that the strategy was implemented well, but the demand in the Chinese market in winter was lower than expected, affecting growth and inventory management. Demand is expected to remain the main uncertainty factor.

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