[ET Net News Agency, 29 April 2024] UBS lowered the target price for HKBN (01310) to
HKD3.16 from HKD3.50 and maintained the "neutral" rating.
The research house said it trims 2024-26e EBITDA by 3-7% and dividend by 14-30% due to
assumptions of slower enterprise business turnaround and higher interest cost. (rc)