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H World Group price target raised to $64 from $45 at Benchmark

Benchmark analyst Fawne Jiang raised the firm’s price target on H World Group to $64 from $45 and keeps a Buy rating on the shares, stating that the company reported "inline" Q4 results and "upbeat" Q1 guidance. Effective cost control enables a leaner and more efficient operation, which "promises higher earnings growth power," said the firm, adding that it remains "a firm believer" that HTH World is "a market leader and consolidator in China’s hotel industry."

Published first on TheFly

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