Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>M Stanley Expects CATL (03750.HK) Shr Price to Rise in Next 15 Days
Recommend 4 Positive 14 Negative 4 |
||||
|
||||
|
Morgan Stanley released a research report predicting that the share price of CATL (03750.HK) will rise relative to the industry average within the next 15 days, with a probability of about 70-80%. Therefore, the broker rated the stock at Overweight, with a target price of $490. The recent share price correction of CATL has made its short-term valuation more attractive, Morgan Stanley added. The broker believed that the market is overly concerned about the pressure of cost inflation on the Company's profit margins, and these costs will eventually be passed on. CATL has demonstrated its ability to pass on costs during the previous lithium price upcycle, and is expected to resume production at its lithium mines shortly. Meanwhile, the Company still holds sufficient low-cost inventory in 1Q26. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
