CICC: Reiterates "Buy" rating on Wise Talent (02513.HK), target price raised to HK$1800
According to the website of China Securities, Morgan Stanley released a research report stating that it reiterated its "buy" rating on Sensetime Group (02513.HK) and raised its target price from 1400 Hong Kong dollars to 1800 Hong Kong dollars. This target price is based on a discounted 2030 earnings per share ratio of 30 times. The bank pointed out that due to the improvement in capabilities and comprehensive pricing of GLM-5.2, it has raised its revenue forecast for Sensetime AI.
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