04:03
Citi raised WuXi AppTec's target price to HKD 113.7 due to strong performance in the second quarter.
The Lyon report indicates that WuXi AppTec's revenue and net profit are expected to rise by 20% and 48% respectively in 2025. The company has raised its revenue growth and free cash flow guidance for 2025, maintaining an optimistic outlook on future performance, with a target price rise to HKD 113.70.