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Bank of America Securities Sticks to Its Buy Rating for WeRide (WRD)
Bank of America Securities analyst Ming-Hsun Lee reiterated a Buy rating on WeRide yesterday and set a price target of $10.00. The company’s shares closed yesterday at $7.09.
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According to TipRanks, Lee is a 4-star analyst with an average return of 17.5% and a 39.80% success rate. Lee covers the Consumer Cyclical sector, focusing on stocks such as Nio, XPeng, Inc. ADR, and WeRide.
Currently, the analyst consensus on WeRide is a Strong Buy with an average price target of $15.30.
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