[ET Net News Agency, 8 April 2025] Daiwa initiates coverage of CR Beverage (02460) with
a target price of HKD21 and a "buy" rating.
The research house said it forecasts an overall revenue CAGR of 8.4% over 2025-27E,
driven by a 4.7% revenue CAGR for packaged water and 33% CAGR for beverage revenue. (rc)