Many investment banks are optimistic about Apple Inc.

Big Motors: maintain Apple Inc"overweight" rating, target price raised from $166 to $168

Morgan Stanley analyst Katy Huberty will$Apple Inc (AAPL.US) $Raised its share price target to $168 from $166 and maintained its "overweight" rating on the stock. After Apple Inc released the quarterly report, Huberty told investors that she was more confident about the company's performance growth in fiscal years Q4 and 22. Huberty said that due to stronger-than-expected demand, especially from iPhone, coupled with tight supply chains, Apple Inc ended Q3 with a backlog of inventory, and Huberty did not believe demand was fragile because of its industry-leading customer loyalty.

DA Davidson: maintain Apple Inc"Buy" rating, target price raised from $167 to $175

DA Davidson analyst Tom Forte raised Apple Inc's share price target to $175 from $167and maintained a "buy" rating after Apple Inc's third-quarter earnings beat expectations. The analyst said he was optimistic about Apple Inc's comments that supply chain issues had a smaller-than-expected negative impact on iPhone sales, but he was also concerned that fourth-quarter revenue could be negatively affected. However, Forte added that the construction of China's 5G network was a positive factor for the future.

Deutsche Bank: maintain Apple Inc's "buy" rating, raise the target price from $165to $175,

Deutsche Bank analyst Sidney Ho raised Apple Inc's share price target to $175 from $165and maintained its "buy" rating on the stock. In a research note, Ho told investors that Apple Inc reported "another impressive quarter", with revenue up 36 per cent year-on-year and 50 per cent. To Ho's optimism, Apple Inc continues to have "strong demand" in emerging markets, especially in China. Ho said that this is still an important opportunity for Apple Inc to increase its market share in the future.

As of press time, Apple Inc rose 0.19% to US $145.25 before trading.

BoCom International: maintains Tencent's "buy" rating, lowering the target price from HK $801 to HK $774

BoCom International released a research report that maintained$Tencent (00700.HK) $The "buy" rating, considering the strategy of continuous investment, lowered the profit growth forecast for this year to 15%, so the target price was lowered by 3.4% from HK $801 to HK $774, which is equivalent to 17 times this year's core business price-to-earnings ratio (except finance + cloud valuation).

Tencent will announce second-quarter results on the 18th of next month, and its revenue is expected to rise 23% year-on-year to 141.3 billion yuan (the same below), including games up 13%, social networking 8%, financial technology and cloud 44%, and advertising 27%, according to the report. in addition, adjusted earnings per share increased by 10%.

The bank said that the company's domestic mobile games increased by 12% in the second quarter, mainly contributed by "Arena of Valor" and "Tiandao". While advertising revenue growth may be better than the market expected, Wechat moments advertising space most of the time to increase to 5, while increasing in coordination with Mini Program to provide a variety of advertising forms.

Tencent closed up 10.02% at HK $492 today.

Royal Bank of Canada: Microsoft Corp was rated as "outperforming the market", and the target price was raised from US $290 to US $360.

Royal Bank of Canada analyst Rishi Jaluria gave Microsoft Corp an "outperform" rating, raising the target price from $290 to $360. Analysts said the company's fourth-quarter earnings were again "solid" and "across-the-board" exceeding expectations, while management expected double-digit growth in fiscal year 2022 and growth in the cloud solutions Azure business in the first quarter. The analyst added that he remained bullish on Microsoft Corp's ability to harness multiple growth drivers.

As of press time, Microsoft Corp rose 0.11% to US $286.53 before trading.

CICC: first awarded XPeng Inc. 's rating of "outperforming the market", with a target price of HK $180,000

CICC covered for the first time$XPeng Inc.-W (09868.HK) $Give it an "outperform" rating, with a target price of HK $180 and a target price of US $46 for US stocks.

The reasons are as follows: XPeng Inc. is a leading emerging intelligent electric car company. The intelligent electrification of cars in China is in the ascendant, and the permeability of new energy vehicles has increased rapidly since 2021, repeatedly setting new highs. In the long run, CICC expects China's auto new energy penetration rate of 25 per cent and more than 7 million vehicles in 2025, a fivefold increase from 2020. XPeng Inc. takes the lead in the current wave of intelligent electrification by virtue of self-driving and intelligent cockpit software, data and technology hardware technology, and the sales of new energy vehicles are firmly among the top 10 in the industry. CICC judged that the company will fully benefit from this round of industry change and have broad room for growth. High-quality models + Xpilot capacity, to create a better understanding of China's intelligent electric vehicles. The company is currently selling P7 and G3 smart electric cars, and plans to launch two new cars in the fourth quarter of this year and next year, achieving a complete product matrix from A to B and from sedan to SUV. The company has developed the XPilot self-driving system, which is the first car company in China to realize the full-stack self-driving software charging. Based on a large amount of local data, XPilot provides an intelligent driving experience that is more suitable for Chinese roads.

XPeng Inc. closed up 10.78% at HK $154.2 today.