Daiwa: Lower the target price of Galaxy Entertainment Group (00880.HK) to 2.8 Hong Kong dollars, expecting the market to lower annual profit forecasts, reiterating a "reduce" rating.

According to the Zhitong Financial APP, Morgan Stanley released a research report stating that it has lowered the target price for Aobo Corporation (00880.HK) from 3 Hong Kong dollars to 2.8 Hong Kong dollars. The expected Free Cash Flow to Equity (FCFE) yield for 2026 is 8.5%, and they have reiterated a "sell" rating.