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<Research>HSBC Research Lifts SENSETIME-W (00020.HK) TP to $3.1, Keeps Rating at Hold, Sees Continued Margin & Competitive Pressure
Recommend 54 Positive 78 Negative 20 |
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SENSETIME-W (00020.HK)'s stock price gained in recent months, partly driven by the Company's '1+X' strategic transformation and benefiting from improving market sentiment and capital inflow into the AI sector, in the broker's view, HSBC Global Research issued a research report saying. However, HSBC Global Research believed that the Group is still facing potential adverse factors. Therefore, the broker lifted its target price for SENSETIME-W from $1.7 to $3.1, but kept rating at Hold due to ongoing margin and competitive pressures. AASTOCKS Financial News Website: www.aastocks.com |
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