0701 GMT - Lai Yih Footwear's order visibility over 2025-2026 looks bright, thanks to stronger order inflows from clients including Adidas, Daiwa Capital Markets analysts say, citing a site visit and their own research. The Taiwanese footwear manufacturer is poised to aggressively expand its capacity and client portfolio, leveraging its solid production execution capabilities compared with other Taiwanese footwear players, the analysts say in a note. Lai Yih Footwear aims to expand footwear production capacity by 15%-20% over 2025-2026, they add. The brokerage initiates coverage of the stock with a buy rating and a target price of NT$560.00. Shares closed 4.1% lower at NT$422.00. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
March 03, 2025 02:01 ET (07:01 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。