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New Buy Rating for WeRide Inc. Class A (0800), the Technology Giant
In a report released yesterday, Jeff Chung from Citi maintained a Buy rating on WeRide Inc. Class A, with a price target of HK$39.60.
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According to TipRanks, Chung is a 2-star analyst with an average return of 0.6% and a 44.08% success rate. Chung covers the Consumer Cyclical sector, focusing on stocks such as WeRide, BYD Co, and Li Auto.
WeRide Inc. Class A has an analyst consensus of Strong Buy, with a price target consensus of HK$39.37.
Based on WeRide Inc. Class A’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of HK$140.82 million and a GAAP net loss of HK$592.44 million.
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