Stock Track | Goldwind Science & Technology Soars on Robust Q3 Results, Analyst Upgrade

Stock Track10-29

Shares of Goldwind Science & Technology, a leading Chinese wind turbine manufacturer, surged 5.64% on Monday, propelled by the company's strong third-quarter financial performance and a positive analyst outlook.

During the third quarter, Goldwind showcased its cost-control prowess, reporting a significant year-over-year reduction in selling and administrative expenses. Additionally, the company's average selling prices for its wind turbine generators rebounded by an impressive 3.7%, attributed to its strategic decision to avoid low-priced tenders.

Daiwa Capital Markets, a prominent brokerage firm, took note of Goldwind's stellar results and upgraded the stock's rating to "outperform" from "hold." Furthermore, the firm raised its target price for the stock to HK$7.80, citing the company's "excellent" cost-control ability and the potential for continued growth.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1100559848?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-29 19:46","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1100559848","market":"us","top_or_hot":-1,"title":"Stock Track | Goldwind Science & Technology Soars on Robust Q3 Results, Analyst Upgrade","media":"Stock Track","content":"<p>Shares of Goldwind Science & Technology, a leading Chinese wind turbine manufacturer, surged 5.64% on Monday, propelled by the company's strong third-quarter financial performance and a positive analyst outlook.</p>\n\n<p>During the third quarter, Goldwind showcased its cost-control prowess, reporting a significant year-over-year reduction in selling and administrative expenses. Additionally, the company's average selling prices for its wind turbine generators rebounded by an impressive 3.7%, attributed to its strategic decision to avoid low-priced tenders.</p>\n\n<p>Daiwa Capital Markets, a prominent brokerage firm, took note of Goldwind's stellar results and upgraded the stock's rating to \"outperform\" from \"hold.\" Furthermore, the firm raised its target price for the stock to HK$7.80, citing the company's \"excellent\" cost-control ability and the potential for continued growth.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Goldwind Science & Technology Soars on Robust Q3 Results, Analyst Upgrade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Goldwind Science & Technology Soars on Robust Q3 Results, Analyst Upgrade\n</h2>\n\n<h4 class=\"meta\">\n\n2024-10-29 19:46 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Goldwind Science & Technology, a leading Chinese wind turbine manufacturer, surged 5.64% on Monday, propelled by the company's strong third-quarter financial performance and a positive ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02208","symbol_name":"金风科技","start_time":0,"source_url":"","article_id":"1100559848","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1100559848","pubTimestamp":1730202408,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Goldwind Science & Technology, a leading Chinese wind turbine manufacturer, surged 5.64% on Monday, propelled by the company's strong third-quarter financial performance and a positive analyst outlook.During the third quarter, Goldwind showcased its cost-control prowess, reporting a significant year-over-year reduction in selling and administrative expenses. Additionally, the company's average selling prices for its wind turbine generators rebounded by an impressive 3.7%, attributed to","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02208":"金风科技"},"translate_title":"股票赛道金风科技因强劲的第三季度业绩和分析师升级而飙升","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02208":1},"content_text":"Shares of Goldwind Science & Technology, a leading Chinese wind turbine manufacturer, surged 5.64% on Monday, propelled by the company's strong third-quarter financial performance and a positive analyst outlook.\nDuring the third quarter, Goldwind showcased its cost-control prowess, reporting a significant year-over-year reduction in selling and administrative expenses. Additionally, the company's average selling prices for its wind turbine generators rebounded by an impressive 3.7%, attributed to its strategic decision to avoid low-priced tenders.\nDaiwa Capital Markets, a prominent brokerage firm, took note of Goldwind's stellar results and upgraded the stock's rating to \"outperform\" from \"hold.\" Furthermore, the firm raised its target price for the stock to HK$7.80, citing the company's \"excellent\" cost-control ability and the potential for continued growth.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1100559848"}