The Zhitong Finance App learned that China Merchants Securities International released a research report stating that it lowered Fuyao Glass (03606.HK)'s profit forecast by 11%, 8% and 9% from 2026 to 2028, and lowered the target price from HK$83 to HK$76, which is equivalent to 16.2 times the price-earnings ratio for the 2027 fiscal year, maintaining the “increase” rating.

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