Haitong International: Microlift Horizon Robot-W (09660.HK) target price raised to 12.5 Hong Kong dollars, working with ZF to verify the competitive strength of the J6P system level.

According to the China Fortune Finance APP, Haitong International released a research report stating that, based on the valuation levels of peer industries and considering the growth prospects and industry position of Horizon Robotics-W (09660.HK), Haitong International gives Horizon Robotics-W a 2026 market sales rate of 28 times, corresponding to a target price of 12.5 Hong Kong dollars (the previous target price was 12.3 Hong Kong dollars, corresponding to a 2026 market sales rate of 26 times, raised by 2%); maintaining an "outperform" rating.