J.P. Morgan Chase released a research report stating that the target price was raised from HK$120 to HK$126 while maintaining the I&T (00669) “plus” rating. In response to regulatory pressure, the industry's wireless innovation has also been extended to professional appliances. Taking into account new developments, the bank slightly increased Milwaukee's sales growth by 1 percentage point in 2025 and 26, respectively.
The bank anticipates that the company will strengthen its leading position in global power tools, and HomeDepot (HomeDepot) will acquire SRSDistribution to expand its professional customer base. As Home Depot's professional base continues to rise, it is also a long-term strategic partner of Chuangke Industrial, accounting for 44% of sales in 2023. In addition, I&T's brand Milwaukee is about to enter another period of growth in the industry, and the focus will shift to heavy-duty applications.