Back on track-20260818
摩根士丹利·2026-08-18 23:06
August 18, 2026 02:34 PM GMT CSL Ltd | Asia Pacific M Idea Back on track What's Changed CSL Ltd (CSL.AX) From To Price Target A$163.00 A$172.00 CSL's FY26 result and FY27 guidance highlight an improved growth profile for CSL Behring. Remain OW. Key Takeaways What was interesting: (1) Ig revenue rose 7% YoY (constant currency/CC) in 2H26, with positive HoH trends (+4% vs. 1H26). For FY27, CSL expects Ig revenue to grow in line with the market (mid- to high single digits; we expect +7% in FY27E). (2) Albumin ...