The Zhitong Finance App learned that Lyon released a research report stating that it raised the target price of BeiGene (06160.HK) from HK$321.7 to HK$336.8, while raising its target price for US stocks (ONC.US) from US$522.5 to US$561.3, maintaining a “outperforming the market” rating. The bank raised the company's 2026-2028 revenue forecast by 3.9%, 2.2% and 1.9% respectively, and the net profit forecast by 13.3%, 3.5% and 2.1%, respectively. The company's third-quarter revenue and net profit were higher than market expectations, mainly driven by Baiyueze's strong sales performance.
Zhitongcaijing · 3d ago
Share
Listen to the news
The Zhitong Finance App learned that Lyon released a research report stating that it raised the target price of BeiGene (06160.HK) from HK$321.7 to HK$336.8, while raising its target price for US stocks (ONC.US) from US$522.5 to US$561.3, maintaining a “outperforming the market” rating. The bank raised the company's 2026-2028 revenue forecast by 3.9%, 2.2% and 1.9% respectively, and the net profit forecast by 13.3%, 3.5% and 2.1%, respectively. The company's third-quarter revenue and net profit were higher than market expectations, mainly driven by Baiyueze's strong sales performance.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending