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16945 JP-DFMG@EC2512A (CALL)
RT Nominal up0.149 +0.034 (+29.565%)

22/05/2025 16:01

{I-bank focus}Citi raises Dongfeng Motor (00489) to HKD6.2

[ET Net News Agency, 22 May 2025] Citi raised the target price for Dongfeng Motor
(00489) to HKD6.2 from HKD6 and maintained the "buy" rating.
The research house said it finetunes 25-26E revenue forecasts by -3%/-2% to factor
ongoing ASP pressures amid greater competition on NEV/ICE. (rc)

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