UBS lowered the target price for MIXUE Group (02097) to HKD468 from HKD490 and downgraded the rating to "neutral" from "buy".
The research house said it cuts MIXUE's 2026-27E NP by 7%, mainly reflecting near-term GPM pressure, driven by store-level deleveraging due to rising raw material costs, a higher delivery mix, and intensifying competition.
獨家優惠【etnet x 環球海產】用戶專享全場95折,特價貨品更可折上折。立即使用優惠代碼【ETN1WWS】,選購五星級酒店級海鮮► 立即瀏覽

























