Gelonghui, December 11 | Yesterday, Hesai (HSAI.US) surged over 8% and continued to rise by 1% in Pre-Market Trading. Since November 26, the stock has increased by over 145%. According to a research report from Citibank, they maintain a "Buy" rating for Hesai and significantly raised the Target Price to $14.20. The bank believes that considering the contributions of companies like BYD, Xiaomi Automotive, Chongqing Changan Automobile, and LEAPMOTOR to Hesai's Lidar sales, they have raised the cumulative shipment forecast for Hesai from 1.17 million vehicles in 2025 to 1.51 million vehicles, and from 2.11 million vehicles in 2026 to 3.56 million vehicles. (Gelonghui)
美股异动｜禾赛盘前继续上涨 花旗大力看好公司前景且上调目标价
US stocks are moving differently | Hesai continues to rise before the market opens, Citigroup is Bullish on the company's prospects and raises the Target Price.
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