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Morgan Stanley Lowers WeRide Price Target Amidst Market Volatility and Competition

Morgan Stanley has maintained an Overweight rating on WeRide Inc. (NASDAQ:WRD) but reduced its price target from $23 to $13 due to high volatility in the Chinese robotaxi market and a modest 1.8% revenue increase in Q1 2025. Despite facing rising competition and lowered volume forecasts for its Robobus and Robosweeper businesses, the company is focusing on long-term growth through global expansion, including collaborations with Uber and service launches in multiple cities worldwide.
Yahoo Finance
WeRide Inc. Uber Technologies Inc. ESP ARE FRA CHE CHN Tim Hsiao Show more
Business & Industry, Market Report
21:37 24.05.2025

Morgan Stanley maintains overweight rating and price target for NIO

Morgan Stanley analyst Tim Hsiao has reaffirmed an Overweight rating on NIO (NYSE: NIO) with a price target of $5.90. The analyst's comments highlight confidence in the company's performance moving forward.
StreetInsider.com
Nicaraguan Córdoba NIO Inc. CHN Tim Hsiao
Finance & Economy, Market Report
11:40 21.03.2025
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