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Citi Expresses Confidence in TECHTRONIC IND (00669.HK) Full-Yr Performance, Reiterates Rating Buy, Sees Further US Rate Cuts Next Yr
2025-11-05 10:57:10
Citi Research issued a research report being confident in the full-year performance of TECHTRONIC IND (00669.HK), as its peer Stanley Black & Decker (SWK.US) also maintained its 2025 guidance of broadly flat organic revenue growth.

Therefore, the broker reiterated rating at Buy on TECHTRONIC IND, and projected that the Fed will continue cutting interest rates next year, believing that the US tariff war will not escalate further, with a target price of $125.
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