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Posted by
Two Blokes Jun 30 -
Filed in
Stock
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4 views
Initiate coverage on QuantaSing (QSG) with a bullish rating and $19 target, citing 107% upside potential driven by the Letsvan acquisition. Letsvan transforms QSG's growth, shifting from China's challenged education sector to the fast-growing, resilient pop toy market with global scalability. QSG trades at a significant valuation discount to peers like Pop Mart; we expect this gap to narrow as Letsvan's IP gains traction and visibility.
