[ET Net News Agency, 21 July 2026] J.P. Morgan lowered the target price for VGT (02476) to HKD500 from HKD600 and maintained the "overweight" rating.
The research house said it cuts 2026-28E earnings forecasts by 5-13% to reflect a slightly later-than-expected ramp of PCB projects scheduled for this year, as well as the potential impact of a later Kyber rollout. (rc)
The research house said it cuts 2026-28E earnings forecasts by 5-13% to reflect a slightly later-than-expected ramp of PCB projects scheduled for this year, as well as the potential impact of a later Kyber rollout. (rc)