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powerballresultswinners| Bank of America Securities: Reiterates that Bosideng's "Buy" rating target price is raised by 18% to HK$5.3

Bank of America Securities released a research report sayingpowerballresultswinners, reiterated the "buy" rating of Bosideng (03998) and raised its target price by 18% to 5powerballresultswinners.3 Hong Kong dollars. According to a channel survey of dealers, new product sales in the fiscal year 2024 ending at the end of March were stronger than expected. The bank expects the company's revenue to grow at a compound annual growth rate of 13% to 17% for the fiscal year 2024 to 2026, which is faster than the overall sportswear and apparel market. The company is gradually building a track record of successfully launching new products, which will diversify the product portfolio and balance seasonal factors, thereby improving store efficiency. In addition, the stock's dividend yield of more than 5% and dividend payout ratio of more than 80% are also very attractive.

powerballresultswinners| Bank of America Securities: Reiterates that Bosideng's "Buy" rating target price is raised by 18% to HK.3

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