Editor / Futu Information Anthea
Niuniu knocked on the blackboard:
Wedbush raised Tesla, Inc. 's target price to US $560. it is expected that Tesla, Inc. 's demand for electric vehicles will increase significantly in the next two years.
UBS first gave BABA a buy rating. It is believed that BABA can still benefit from the digitization trend in the long run, and that he has the ability to cope with regulatory tightening.
After the change, the net was bullish on the target price of HK $187, saying it was undervalued, while Nomura raised the target price to HK $173, saying it was optimistic about its development.
Daiwa raised Smoore International Holdings Limited's target price to HK $56, indicating that Si Moore International's business momentum is still strong and is optimistic about its performance next year.
Wedbush: Biden's new government may be good for Tesla, Inc., raising its target price to $560
Wedbush analyst Daniel Ives will$Tesla, Inc. (TSLA.US) $Target price ofRaised from $500 to $560, maintaining a neutral rating. At the same time, the analyst raised his bull market forecast to $1000.
The analyst pointed out thatThe demand curve for Tesla, Inc. electric vehicles will be steeper in the next 18 to 24 months, with China and Europe being the key to growth.. He called China a "brand new electric car market plan" and said that "given the pent-up demand for electric vehicles at all prices, total electric vehicle sales in the region are likely to double in the next few years. "
In addition, the analyst pointed out in the report thatEurope's push to reduce carbon emissions and the EU's "regulatory catalysis" should prompt consumers to pay attention to electric vehicles., especially consumers in France, Germany, Italy and the UK. At the same time, he said: "Tesla, Inc. Berlin factory has taken a big step in the right direction, which will increase profit margins and simplify delivery throughout Europe in the future." "
The analyst also believes thatBiden's new government may increase tax credits and incentives for electric vehicles, and promote the popularization of electric vehicles in China from next year, which will benefit Tesla, Inc..。
It is worth mentioning that last week the analyst said that Tesla, Inc. should be treated with caution, believing that he is not necessarily the absolute winner of the electric car market, and that all automakers will put pressure on Tesla, Inc..
Tesla, Inc. closed down 1.93% at US $489.6 last trading day, up 1.71% as of press time.At $498, there is 12.45% upside from the target price.The latest total market capitalization is $464.1 billion.
UBS: high expectations for BABA's development, giving it a "buy" rating for the first time
UBS published a research report for the first time$BABA-SW (09988.HK) $Buy ratingAnd give it the target price.HK $333. It is considered that the risk return value of Ali Hong Kong shares is attractive.It is believed that BABA can still benefit from the trend of digitization of Chinese consumers and enterprises in the long run.。
The bank added that BABA is the market leader in the strong demand for e-commerce and cloud computing after the epidemic and expects its EBITDA to grow at a compound annual growth rate of 20% to 30% in the next few years.UBS expects the company to be able to cope with the tightening of central regulation of the Internet。
BABA's shares opened high today, closing up 4.35% at HK $264, with a total market capitalization of HK $5.7143 trillion.
NetEase, Inc's Q3 performance exceeded expectations and won the favor of Nomura and Daiwa.
November nineteenth$NetEase, Inc-S (09999.HK) $Q3 reported revenue of 18.7 billion yuan, an increase of 27.5% over the same period last year, and gross profit rose 25.6% year-on-year to 9.9 billion yuan, but net profit declined, down 26% to 2.998 billion yuan.
Daiwa: NetEase, Inc is undervalued and his target price is raised to HK $187,
Daiwa and table research report, pointed out that NetEase, Inc's income in the third quarter rose 27.5%, higher than the industry expected 3%, although mobile game revenue is still lower than expected 5%, but the performance shows its ability to turn into profit.
The lineIt is expected that the recovery will be driven by deferred revenue in the fourth quarter.. At the same time, we can see that the profits of online education business are under pressure, but generally reflect, andThe launch of overseas business and major games next year will lead to a revaluation, which is currently undervaluedTo reiterate the "buy" rating and raise the target price from HK $172 to HK $187.
Nomura: NetEase, Inc is expected to increase his income from 2020 to 2021, raising his target price to HK $173m
Nomura released a research report, saying that NetEase, Inc's income and profit in the third quarter of this year exceeded expectations.It is expected that the launch of four new popular games in the future will lead to an increase of 21% in the fourth quarter and 13% in online game revenue next year.。
The bank pointed out that NetEase, Inc's dividend payout so far this year is US $517 million, equivalent to a compound annual growth rate of 65% in the past two years, mainly due to stable business growth. The bank expects NetEase, Inc to pay a compound dividend growth of 19% from 2020 to 2022. Income is 20%.The bank raised its revenue forecast for 2020 to 2021 by 1% and 3% respectively.。
Nomura said it raised its target price for NetEase, Inc from HK $169 to HK $173, maintaining its "buy" rating.
NetEase, Inc's share price opened high today, closing up 4.72% at HK $148.5, with a total market capitalization of HK $513.085 billion.
Daiwa: have confidence in Smoore International Holdings Limited's performance next year and raise his target price to HK $56
Daiwa publishes research report指$Smoore International Holdings Limited (06969.HK) $The business momentum is still strong, and it is believed that the performance of adjusted net profit in the second half of the year will exceed the profit for the whole of last year.This trend is in line with the change in market share in the United States, as sales of Vuse, its largest customer, reached a three-year high in September.The bank is now more confident that orders will continue to perform strongly in 2021.As a result, the company's sales forecast is raised, and the adjusted net profit compound annual growth rate from 2019 to 2022 is expected to be 38%, higher than the Chinese exporters covered by the bank.
The bank pointed out that the order growth in the fourth quarter will continue to be driven by its two main customers, Vuse and RELX, and quoted management as sayingAs a result of the change in product mix, earnings will continue to grow faster than revenue growth.Coupled with a 9% to 10% drop in raw material prices, we are confident that gross profit margins will continue to rise next year. In order to see the gross profit margin rise further, the company plans to work with its major suppliers to help them improve their operational efficiency.
The bank raised its core earnings per share forecast by 3 to 8 per cent, raising its target price by 19 per cent, from HK $47 to HK $56, maintaining a "buy" investment rating.
Smoore International Holdings Limited's share price continued to rise today, closing up 3.3% at HK $50, with a total market capitalization of HK $291.483 billion.
