[ET Net News Agency, 6 March 2025] Citi lowered the target price for MMG (01208) to
HKD4.1 from HKD5.1 and maintained the "buy" rating.
The research house said it factors in the commodity team's latest price forecasts
(USD8,750/10,000/11,000/t for copper price in 2025/26/27E) and company's guidance,
resulting in earnings forecasts revisions of -57%/-35% to USD282/700mn in 2025/26E. (rc)