[ET Net News Agency, 27 February 2024] UBS lowered the target price for TravelSky Tech
(00696) to HKD10.5 from HKD18.3 and maintained the "buy" rating.
The research house said it is lowering 2023/2024/2025 EPS forecasts 28%/27%/21% to
reflect the 2023 profit miss and margin headwinds in the next three years, given the
company's plan to increase R&D and rising labour costs. (RC)