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<Research>Citi Keeps Rating at Buy on KUAISHOU-W (01024.HK), Remains Optimistic on Core Biz Development
Recommend 24 Positive 29 Negative 13 |
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Citi Research recently met with Jin Bing, CFO of KUAISHOU-W (01024.HK), and other management to discuss topics such as the rapid development of Kling AI, the integration of AI technologies and business operations, the latest development and outlook of e-commerce business, the competitive landscape of domestic market and the shareholder return, etc., according to a research report issued by Citi Research. The broker kept rating at Buy on the Company as it remains optimistic about the stable performance of KUAISHOU-W's core business, its industry-leading video generation model and its attractive valuation. Therefore, Citi Research's target price for KUAISHOU-W is $66, corresponding to about 13x of 2025 adjusted EPS forecast. AAStocks Financial News Website: www.aastocks.com |
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