Pop Mart to Be Pressured by Weaker Sentiment -- Market Talk
Dow Jones
Mar 26
0403 GMT - Sentiment on Pop Mart International could weaken in the near term, after management guided for just 20% sales growth in 2026, Nomura analysts say in a research note. Even if the slower growth target supports healthier execution over the long term, it is a clear deceleration from prior years, they say. Nomura maintains a buy rating on the stock but cuts the target price to HK$261.00 from HK$372.00. It lowers its target valuation multiple to reflect the slower growth. Shares fall 9.3% to HK$152.60. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
March 26, 2026 00:03 ET (04:03 GMT)
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