Goldman Sachs maintained a Neutral rating for ABC due to the company's 3Q25 performance, which exceeded their forecasts for PPOP and net profit by 5% and 4%, respectively. Additionally, the net interest income (NII) met expectations, and loans increased by 9% year-over-year. Despite these positive indicators, the Neutral rating suggests that Goldman Sachs does not see significant upside potential at the current target price of HKD4.88.
