CSRC Lian: Upgrades Poppa Mater Target Price to HK$318, Maintains "Outperforms Market" Rating
CSRC Lian, a research report publisher, has upgraded Poppa Mater\'s (09992) target price from HK$300 to HK$318, while maintaining its \"Outperforms Market\" rating. The report notes that Poppa Mater w
![CSRC Lian: Upgrades Poppa Mater Target Price to HK$318, Maintains \](https://fs-cms.hexun.com/img/2025-08-19/220982328.png "CSRC Lian: Upgrades Poppa Mater Target Price to HK$318, Maintains \")
CSRC Lian, a research report publisher, has upgraded Poppa Mater's (09992) target price from HK$300 to HK$318, while maintaining its "Outperforms Market" rating. The report notes that Poppa Mater will host the Beijing Toy Fair in August, showcasing the company's efforts to build a compatible IP platform. The firm observed that there is strong demand for emerging IPs such as TwinkleTwinkle, Crybaby, and KeyA. The firm expects that the company's revenue will grow by 202% year-over-year in the first half of 2025, driven by growth in both mainland China and overseas markets.