China Drugmaker’s 65% Rally Just the Start for Bullish Analysts
China’s top-performing drugmaker stock may be about to head even higher. At least eight brokers lifted their price targets on CSPC Pharmaceutical Group Ltd. after the company reported a 43 percent surge in first-quarter profit on Friday. The result beat the market’s already high expectations, according to Credit Suisse Group AG, which raised its target by 24 percent — the most bullish among analysts tracked by Bloomberg.
Source:: https://finance.yahoo.com/news/china-drugmakers-65-rally-just-045646402.html
