[ET Net News Agency, 14 April 2025] Morgan Stanley raised the target price for BYD Company (01211) to HKD438 from HKD307 and upgraded the rating to "overweight" from "equal-weight".
The research house said amid trade tensions, an ailing global economy, and rapidly evolving AI, BYD's quality, innovation speed, and scale could enable it to turn a cyclical downturn into a structural upswing. (rc)
The research house said amid trade tensions, an ailing global economy, and rapidly evolving AI, BYD's quality, innovation speed, and scale could enable it to turn a cyclical downturn into a structural upswing. (rc)