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<Research>M Stanley: MEITU (01357.HK) Growth Trajectory Unaffected by Google's Nano Banana Model Hit
Recommend 22 Positive 47 Negative 12 |
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MEITU (01357.HK) plummeted 14% yesterday (1 September) as Google's Nano Banana went viral on social media, sparking market concerns about AI eroding software value, according to Morgan Stanley's research report. However, MEITU has experienced several declines YTD due to updates in AI models like GPT-4o and Google's Veo3. The broker believed that, despite the emergence of Nano Banana or other AI models, MEITU's growth trajectory remains intact, and each evolution in model capability will help MEITU enhance its AI functions. Therefore, Morgan Stanley reiterated rating at Overweight on MEITU, with a target price of $15.7. AASTOCKS Financial News Website: www.aastocks.com |
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