ANJOY FOOD Leaps 8% Post-Results; Citi Raises TP to HKD106
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ANJOY FOODshares surged 8% following strong Q1 results, with a net profit increase of 43% year-on-year and revenue growth of 31%. Citi raised its target price from HKD99.1 to HKD106 while maintaining a Buy rating. The stock opened 8.2% higher, reaching a peak of HKD94.1 before closing at HKD89.65, up 8.01% with a trading volume of 1.8426 million shares.
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