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ESR Group downgraded to Buy from Conviction Buy at Goldman Sachs » 10:07

ESR Group

$1.62 /

+ (+0.00%)

Goldman Sachs removed ESR…

Goldman Sachs removed ESR Group from the firm's Conviction List but maintains a Buy rating on the shares with a price target of HK$21.50, down from HK$29.30. The analyst expects a gradual slowdown within the e-commerce industry and cut ESR's estimates to reflect slower gowth.

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