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53020 SG#BYD RC2509D (R BULL)
RT Nominal up0.152 +0.004 (+2.703%)

14/04/2025 14:35

{I-bank focus}Morgan raises BYD Company (01211) to HKD438

[ET Net News Agency, 14 April 2025] Morgan Stanley raised the target price for BYD
Company (01211) to HKD438 from HKD307 and upgraded the rating to "overweight" from
"equal-weight".
The research house said amid trade tensions, an ailing global economy, and rapidly
evolving AI, BYD's quality, innovation speed, and scale could enable it to turn a cyclical
downturn into a structural upswing. (rc)

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