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23827 MBNTRAG@EC2609A (CALL)
RT Nominal unchange0.010 0.000 (0.000%)

22/07/2026 16:05

Morgan lowers Nexteer (01316) to HKD6.1

  [ET Net News Agency, 22 July 2026] Morgan Stanley lowered the target price for Nexteer (01316) to HKD6.1 from HKD6.3 and maintained the "equal-weight" rating.
  The research house said it cuts 2026-27 earnings estimates by 5-10% to reflect weaker-than-expected China auto production and larger-than-expected margin pressure owing to material cost hikes. (rc)

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