MAP Aktif Adiperkasa faces an earnings hit from some headwinds, CGS International analysts say in a research report. The brokerage cuts its 2027-2028 sales forecasts for the lifestyle retailer by 9%-11% to reflect its lowered 2026-2028 gross store opening assumptions to 300 a year from 380-450 previously. MAP Aktif Adiperkasa's 2026-2028 gross profit margins are also likely to narrow slightly due to the Indonesian rupiah's weakness against the U.S. dollar. The brokerage lowers the stock's target price to 750.00 rupiah from 1,010.00 rupiah, with an unchanged add rating. Shares are last at 610.00 rupiah. (ronnie.harui@wsj.com)