
China Merchants Securities Remains a Buy on Cloud Music Inc. (9899)

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China Merchants Securities has maintained a Buy rating on Cloud Music Inc. (9899) with a price target of HK$232.00, while the stock closed at HK$165.40. The analyst consensus suggests a Strong Buy rating with an average price target of HK$244.35, indicating a potential upside of 47.73%. Additionally, CMB International Securities also supports a Buy rating with a price target of HK$245.00.
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