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G Sachs Cuts WEIMOB INC (02013.HK) TP to $2.25 as ST Uncertainty Persists
2025-12-19 13:45:42
Goldman Sachs published a research report predicting that China's cloud commerce and marketing solution provider, WEIMOB INC (02013.HK), will resume YoY revenue growth in 2H25 due to a low base effect. The broker also forecasted WEIMOB INC's 2H25 total revenue to incline by 74% YoY and 6% HoH to RMB822 million.

Goldman Sachs cut its 12-month target price for WEIMOB INC from $2.6 to $2.25, with rating kept at Neutral, implying a 24% upside. The broker believed that subscription solution revenue remains under pressure, with uncertainty in merchant solutions, and await more clarity on Douyin's advertising transaction volume growth.
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AASTOCKS Financial News
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