bullish
[Atour Lifestyle (ATAT US, BUY, TP US$34) Target Price Change]: A Steady Expanding Year in 2023
520 Views07 Apr 2023 12:10
We maintain the BUY rating, we raise our 2023 earnings estimate due to better operating efficiency, but trimmed its hotel network expanding pace in 2023-2025, leading to TP cut by US$2.5 to US$34.
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Blue Lotus Research Institute
China growth and global non-US Internet equities
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- Atour(ATAT.US) Initiation: Buy for First-Stage Single-Brand Network Expansion11 Jan 2023
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