Increasing unusual option volume: MULN FTI MNSO BDTX CIM THO NXE

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JPMorgan Downgrades Miniso (MNSO) to Neutral

September 24, 2024 4:11 PM EDT

JPMorgan analyst Kevin Yin downgraded Miniso (NYSE: MNSO) from Overweight to Neutral with a price target of $15.00 (from $27.00).

The analyst comments "Minisos announcement it would acquire a 29.4% stake in Yonghui Superstores was a negative surprise to the market, in our view. However, we think the 24% share price decline on 24 Sep (vs HSI up 4.1%) was... More