Lyon released a research report saying that the target price for TEP International was lowered from HK$5.5 to HK$5.1, but the bank believes that market sentiment is likely to have bottomed out due to the lower guidelines. Maintaining a “outperforming the market” rating, the stock is not expensive to value.

Lyon released a research report saying that the target price for TEP International was lowered from HK$5.5 to HK$5.1, but the bank believes that market sentiment is likely to have bottomed out due to the lower guidelines. Maintaining a “outperforming the market” rating, the stock is not expensive to value.