Jin10 data reported on September 30, JPMorgan issued a report indicating an increase in the target price for Ubtech (09880.HK) by 12%, from HKD 159 to HKD 178, with a rating of “Overweight”. JPMorgan stated that Ubtech's stock price has risen by 71% since July, mainly benefiting from the signing of three major orders, which have rapidly elevated its status as an industry leader in commercialization. Orders including the Walker S2 have already exceeded the company's shipment targets and JPMorgan's annual expectations.
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JPMorgan raised the target price for Youbixuan to HKD 178, with a rating of "Overweight".
Jin10 data reported on September 30, JPMorgan issued a report indicating an increase in the target price for Ubtech (09880.HK) by 12%, from HKD 159 to HKD 178, with a rating of “Overweight”. JPMorgan stated that Ubtech's stock price has risen by 71% since July, mainly benefiting from the signing of three major orders, which have rapidly elevated its status as an industry leader in commercialization. Orders including the Walker S2 have already exceeded the company's shipment targets and JPMorgan's annual expectations.