Reported 2 days ago
Pop Mart International Group Ltd. has seen a remarkable 200% increase in its stock value, prompting several Wall Street analysts to raise their price targets. Following the success of its popular Labubu dolls, brokerages like Deutsche Bank and Morgan Stanley have adjusted their forecasts, with Citigroup setting a new high target of HK$308. This strong performance reflects the growing demand for Pop Mart's products, particularly its blind-box series, which significantly contributes to its revenue.
Source: YAHOO