UBS: POP MART (09992) stock price pullback creates buying opportunity.
The bank reiterated its "buy" rating with a target price of 432 Hong Kong dollars.
UBS released a research report stating that it has not changed its optimistic outlook on the fundamentals of POP MART (09992). UBS believes that the current price decline of POP MART is creating a buying opportunity for short-term catalysts as expected, including the launch of new products for Halloween and the 15th anniversary commemorative series, as well as the crucial Christmas sales season. The bank reiterated its "buy" rating with a target price of 432 Hong Kong dollars.
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