Stock Track | Goldwind Surges 5.6% on Strong Q3 Results, Analyst Upgrade

Stock Track10-29

Shares of Goldwind Science & Technology, a leading Chinese wind turbine manufacturer, soared 5.64% on Monday, fueled by the company's impressive third-quarter results and a positive analyst outlook.

Goldwind reported a significant year-over-year reduction in its selling and administrative expenses during the third quarter, indicating strong cost-control measures. Additionally, the company's average selling prices for its wind turbine generators rebounded by 3.7%, potentially stemming from its strategy of avoiding low-priced tenders.

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

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/1121444112?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-29 12:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1121444112","market":"hk","top_or_hot":-1,"title":"Stock Track | Goldwind Surges 5.6% on Strong Q3 Results, Analyst Upgrade","media":"Stock Track","content":"<p>Shares of Goldwind Science & Technology, a leading Chinese wind turbine manufacturer, soared 5.64% on Monday, fueled by the company's impressive third-quarter results and a positive analyst outlook.</p>\n\n<p>Goldwind reported a significant year-over-year reduction in its selling and administrative expenses during the third quarter, indicating strong cost-control measures. Additionally, the company's average selling prices for its wind turbine generators rebounded by 3.7%, potentially stemming from its strategy of avoiding low-priced tenders.</p>\n\n<p>Daiwa Capital Markets, a prominent brokerage firm, took note of Goldwind's financial performance and upgraded the stock's rating to \"outperform\" from \"hold.\" The firm also raised its target price for the stock to HK$7.80, citing the company's \"excellent\" cost-control ability.</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 Surges 5.6% on Strong 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 Surges 5.6% on Strong Q3 Results, Analyst Upgrade\n</h2>\n\n<h4 class=\"meta\">\n\n2024-10-29 12:44 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, soared 5.64% on Monday, fueled by the company's impressive third-quarter results and a positive analyst outlook.\n...</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":"1121444112","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1121444112","pubTimestamp":1730177085,"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, soared 5.64% on Monday, fueled by the company's impressive third-quarter results and a positive analyst outlook.Goldwind reported a significant year-over-year reduction in its selling and administrative expenses during the third quarter, indicating strong cost-control measures. Additionally, the company's average selling prices for its wind turbine generators rebounded by 3.7%, potentially stemming from its str","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02208":"金风科技"},"translate_title":"金风科技第三季度业绩强劲，分析师上调评级，股价飙升5.6%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02208":1},"content_text":"Shares of Goldwind Science & Technology, a leading Chinese wind turbine manufacturer, soared 5.64% on Monday, fueled by the company's impressive third-quarter results and a positive analyst outlook.\nGoldwind reported a significant year-over-year reduction in its selling and administrative expenses during the third quarter, indicating strong cost-control measures. Additionally, the company's average selling prices for its wind turbine generators rebounded by 3.7%, potentially stemming from its strategy of avoiding low-priced tenders.\nDaiwa Capital Markets, a prominent brokerage firm, took note of Goldwind's financial performance and upgraded the stock's rating to \"outperform\" from \"hold.\" The firm also raised its target price for the stock to HK$7.80, citing the company's \"excellent\" cost-control ability.","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/1121444112"}