Zhitong
2024.08.15 06:47

Bank of America Securities: Reiterates Tencent Holdings "Buy" rating with a target price of HKD 480

Bank of America Securities released a research report stating that it reiterated a "buy" rating on Tencent Holdings, raising its earnings per share forecasts for 2024, 2025, and 2026 to RMB 19.19, RMB 21.66, and RMB 24.17 respectively, while maintaining a target price of HKD 480