Jeffery: raise Tesla, Inc. 's target price to $950. in the most optimistic scenario, look up to $1100.

After integrating and analyzing the third quarter data and news from all parties, Jeffery made a comment on$Tesla, Inc. (TSLA.US) $Maintain the buy rating, raise the target price to $950 and, in the most optimistic scenario, rise to $1100. Tesla, Inc. will release his third-quarter results after trading on October 20.

After an in-depth analysis of the third-quarter data and multi-party information about the Berlin plant, the bank believes that Tesla, Inc. 's production capacity is expected to increase and demand is stable. The EBIT forecast for 2022-23 will be raised by 7-9%, and the target price will be raised to $950. There had been rumors that the gap between traditional OEMs and Tesla, Inc. had narrowed, but the bank did not think there was enough evidence to come to this conclusion, and Tesla, Inc. was still challenging the industry at several levels. The bank raised Tesla, Inc. 's BIT and profit forecasts, while questioning the profit momentum of traditional OEM.

As of press time, Tesla, Inc. rose 0.47% to US $822.17 before trading.

Morgan Stanley: maintain Apple Inc's rating of outperforming the market, with a target price of $168,

Morgan Stanley analyst Katy Huberty believes that in the global supply dilemma, investors should still "buy on the bargain."$Apple Inc (AAPL.US) $Stock. Huberty acknowledges that the broader supply dilemma is a "real problem" in the market.

Apple Inc's revenue performance so far this year has exceeded expectations, which is in line with the bank's view that Apple Inc will receive the best treatment in times of tight supply, the analyst wrote in a note to clients on Tuesday. She also believes that for Apple Inc, "demand will not disappear", Apple Inc has a strong customer loyalty, which may help push iPhone demand into the next few quarters.

Huberty pointed out that if media reports about Apple Inc's production cuts are accurate, iPhone shipments are expected to change in the current quarter, but this has little impact on shipments in fiscal year 2022. She still expects Apple Inc to ship 238.5 million iPhone units in fiscal year 2022. Huberty rated Apple Inc as outperforming the market, with a target price of US $168.

As of press time, Apple Inc rose 0.18% to US $144.02 before trading.

Xiaomo: maintain Tencent's "overweight" rating and reduce the target price from HK $640 to HK $630

Xiaomo released a research report saying that maintenance$Tencent (00700.HK) $The target price is lowered from HK $640 to HK $630. revenue for the third quarter of this year is expected to be 140 billion yuan, an increase of 12% over the same period last year. Non-IFRS earnings per share are 3.03 yuan, down 10% from the same period last year. Revenue from value-added services increased by 4% to 73 billion yuan, and total revenue from smartphone games increased by 5% to 41 billion yuan. Advertising revenue is expected to rise 13% year-on-year to 24 billion yuan.

According to the report, the company's revenue and adjusted earnings per share forecast for the third quarter of this year are 4% and 11% lower than the market, respectively. Profits will be further squeezed due to the expected slowdown in revenue and the increase in investment expenditure, and revenue is expected to generally slow in the third quarter. The recovery of the game business in the fourth quarter will become an important positive factor, which also refers to management comments on business prospects, including the personal Information Protection Act. Tencent's share price is expected to fluctuate between HK $450 and HK $510.

The bank said that revenue from Tencent's main business is expected to slow generally, and Tencent's total income growth is expected to slow from 20% year-on-year growth in the second quarter of 2021 to 12% year-on-year growth in the third quarter of this year. It is estimated that the company's game revenue growth slowed down 5% in the third quarter of 2021 compared with the same period last year, due to fierce competition and less contribution from new game releases. It is also pointed out that the softening of its financial outlook for the third quarter is largely due to investors' expectations, while the successful launch of the "League of Legends" mobile phone in early October was a positive surprise for the investment community.

Advertising revenue is expected to slow from 23 per cent year-on-year growth in the second quarter to 13 per cent year-on-year growth in the third quarter, due to changes in the regulatory environment, a slowdown in major advertising categories and an outbreak of COVID, while FBS business revenue is also expected to slow from 40 per cent year-on-year growth in the second quarter to 26 per cent year-on-year growth in the third quarter of this year, to 42 billion yuan.

Tencent closed up 2.57% at HK $495.6 today.

As of October 12, Tencent's shareholding rose to 10.6 per cent, according to Niuniu data.

Guoxin Securities: first awarded Geely Automobile's "overweight" rating, with a target price of HK $24.9-HK $27.1.

Guoxin Securities released a research report that covered it for the first time.$Geely Automobile (00175.HK) $To be rated as "overweight" with a target price of HK $24.9-27.1.

According to the bank, Geely Automobile is a leading auto company with independent brands in China. He entered the automobile industry in 1997 and sold 1.32 million vehicles in 2020, accounting for 6.56% of the market, ranking first for independent brands for four years in a row. In the era of fuel cars, Geely acquired Australia's DSI and Volvo successively, and built a global R & D system represented by Sweden's CEVT. In the era of electric cars, Geely invests Yigatong and Weirui technology internally, launches Geometry and Polar Krypton brands, and cooperates deeply with technology giants such as Baidu, Inc., Tencent and Waymo. The transformation attitude is firm and the development path is clear. Independent research and development, strong cooperation, the bank is optimistic that Geely will complete the transformation and turn around in the era of science and technology 4.0 and start a new journey.

The bank pointed out that the modular architecture is the cornerstone of rapid product iteration and efficient improvement of product matrix, and has become one of the core competitiveness of mainstream automobile companies. Geely Automobile has benefited from the deep cooperation with Volvo, and the modular architecture technology has been in the leading position in the independent brand for a long time. In the era of Science and Technology 4.0, Geely has four modular architectures: BMA, CMA, SPA and SEA, as well as GHS2.0 hybrid power system. The mature and leading architecture matrix has laid a solid foundation for Geely's strong product cycle and outstanding performance advantages, supporting the company to move forward steadily in the long-term competition.

Guoxin Securities believes that in the short term, hot-selling models such as extreme Krypton 001 / China Star Family have opened the prelude to a new round of strong cycle, with both volume and profit rising; in the medium term, strong structural technology will support the company's product matrix to be rapidly updated and continue to export popular styles; in the long run, strong self-research strength and broad cooperation will help the company master core technology and stand on the technological highland of industry development. The bank expects Geely sales to reach 1.29 million in 2021 and 1.54 million in 2022. Based on the advantages of comprehensive structure car building, Geely has strong profit flexibility, and its net profit is expected to reach 6.8 billion yuan in 2021 and 10.6 billion yuan in 2022.

Geely Automobile closed up nearly 8 per cent at HK $24.40 today.