美银：下调新鸿基地产目标价至80港元

Group 1 - Bank of America downgraded Sun Hung Kai Properties from "Buy" to "Neutral" [1] - Target price reduced from HKD 93 to HKD 80 [1] - The company is expected to maintain a dividend per share of HKD 3.75 from fiscal year 2025 to 2027 [1] Group 2 - The anticipated stagnation in dividends is due to the expectation that the company will not see an increase in dividends for fiscal years 2025 to 2026 [1] - Participation in the land sale plan in the Northern Metropolis of Hong Kong may slow down the company's deleveraging progress [1]