JP Morgan Maintains Overweight on MINISO Group Holding, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Kevin Yin maintains an Overweight rating on MINISO Group Holding (NYSE:MNSO) but lowers the price target from $29 to $27.
September 03, 2024 | 2:02 pm
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JP Morgan's analyst Kevin Yin maintains an Overweight rating on MINISO Group Holding but lowers the price target from $29 to $27, indicating a slightly less optimistic outlook.
The Overweight rating suggests continued confidence in MNSO's performance, but the lowered price target indicates a tempered outlook, which could lead to a slight negative impact on the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100