Wade Bush: reiterate the rating of Tesla, Inc. outperforming the market, with a target price of $1100

Wade Bush analyst Daniel Ives pointed out that Hertz$Tesla, Inc. (TSLA.US) $The order for 100000 cars, which is expected to be delivered by the end of 2022, is worth up to $4.2 billion. Analysts believe that while Hertz is in the early stages of electrification of taxi fleets, Tesla, Inc. 's large orders highlight how the wider popularity of electric cars has become part of the green wave in the US.

Ives points out that China and Europe have been ahead of the US in demand for electric vehicles, but domestic demand in the US is expanding and Tesla, Inc. is in the lead. Ives believes that the Hertz deal is a "huge gain" for Tesla, Inc. and shows the need for the global auto industry to transition to electric vehicles.

Piper Sandler: raise NVIDIA Corp's target price from $225 to $260

Piper Sandler, an investment bank, raised its target price for NVIDIA Corp to $260 from $225m, maintaining its overweight rating.

NVIDIA Corp strengthened before trading today, up nearly 3% to $238.05, and its share price is expected to open to an all-time high, with the stock up nearly 12% this month.

UBS: raise Kuaishou Technology's target price to HK $140, rating buy

UBS issued a research report that$Kuaishou Technology-W (01024.HK) $The growth performance of daily active users (DAU) and monthly active users (MAU) in the third quarter is in line with expectations, reflecting the ability to retain the core user base against competitor Douyin, and is expected to improve in the second half of the year compared with the first half.

UBS said the data showed that Kuaishou Technology's user engagement had increased, mainly from film content investment during the period, including skits and Olympic-related insiders, as well as algorithm adjustments. Kuaishou Technology's advertising revenue is expected to grow by 101 per cent this year. The bank pointed out that due to reduced marketing and regulatory factors in the education and gaming sectors, the increase in advertising loading rate may offset the lower cost of 1000 displays (eCPM), leaving the GMV forecast at 664 billion yuan in 2021 and finding Kuaishou Technology's valuation attractive, equivalent to 3 times the forecast price-to-sales ratio in 2022, while the industry average is about 4 times, with a buy rating, raising the target price from HK $104 to HK $140.