0617 GMT - Techtronic Industries' revenue growth outlook could prompt a re-rating of its shares, Citi analysts Eric Lau and Alice Cai say in a note. The company expects revenue to rise by a high-single-digit rate next year, accelerating from a mid-single-digit increase this year. The analysts attribute the stronger outlook to favorable point-of-sale demand trends for the cordless tool maker. Hong Kong-based Techtronic also said its exit from its HART tools business should be margin-accretive, further supporting its outlook next year. Citi maintains its buy rating and HK$125.00 target price. Shares rise 0.55% to HK$91.75. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
December 19, 2025 01:17 ET (06:17 GMT)
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