Is A2 Milk's cash cow about to dry up?
But Citi analyst Sam Teeger recently downgraded his call to "sell" from "buy"' and slashed his target price by 20 per cent to $17.20. He believes the outlook is increasingly risky given a resurgence of local brands in China. He also noted the risks of the evolving regulatory landscape and increasingly delicate political relationships between Beijing and the West
https://www.afr.com/companies/manufacturing/is-a2-milk-s-cash-cow-about-to-dry-up-20200902-p55rsn